| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $151.0K | -13.3% | 1106.0% |
| Op. Income | -$14M | -$11M | -$15M | -21.1% | 7.0% |
| Gross Margin | -640.6% | -327.3% | -5230.5% | -313.3pp | 4589.8pp |
| Net Margin | -737.7% | -524.0% | -9663.6% | -213.7pp | 8925.8pp |
| EPS (Diluted) | $-0.28 | $-0.24 | $-0.37 | -16.7% | 24.3% |
| Free Cash Flow | -$11M | -$8M | -$11M | -40.5% | -4.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $13M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $11M |
| Selling & Marketing | -$3M |
| General & Administrative | $5M |
| SG&A Expenses | $2M |
| Other Expenses | -$11M |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$14M |
| Interest Income | $905.0K |
| Interest Expense | $507.0K |
| Other Income/Expenses | $398.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $113.0K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $851.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | -$647.0K |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $151.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $62M |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | -$301M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $15M |
| Net Debt | -$34M |
