| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $11M | 6.7% | 22.1% |
| Op. Income | -$284.0K | -$311.0K | -$175.0K | 8.7% | -62.3% |
| Gross Margin | 48.7% | 51.7% | 52.0% | -3.0pp | -3.4pp |
| Net Margin | -2.3% | -2.7% | -1.5% | 0.4pp | -0.8pp |
| EPS (Diluted) | $-0.02 | $-0.03 | $-0.01 | 7.5% | -84.4% |
| Free Cash Flow | -$949.0K | $290.0K | -$691.0K | -427.2% | -37.3% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$284.0K |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | -$18.0K |
| INCOME BEFORE TAX | -$302.0K |
| Income Tax Expense | $17.0K |
| Net Income from Continuing Ops | -$319.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$319.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$319.0K |
| D&A | $797.0K |
| EBIT | -$302.0K |
| EBITDA | $495.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$319.0K |
| Depreciation & Amortization | $528.0K |
| Stock-Based Compensation | $206.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $269.0K |
| Change in Working Capital | -$879.0K |
| OPERATING CASH FLOW | -$195.0K |
| Capital Expenditure | -$754.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$754.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$949.0K |
| Net Change in Cash | -$949.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $16M |
| Goodwill | $335.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $34M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $142.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $660.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $81M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $9M |
| Net Debt | $1M |
