| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $15M | $1M | -9.4% | 1157.7% |
| Op. Income | -$2M | -$6M | -$5M | 76.2% | 67.8% |
| Gross Margin | 32.8% | 25.5% | 68.0% | 7.3pp | -35.2pp |
| Net Margin | -25.5% | -56.9% | -467.0% | 31.4pp | 441.5pp |
| EPS (Diluted) | $-0.00 | $-0.10 | $-0.10 | 97.1% | 97.1% |
| Free Cash Flow | -$10M | -$2M | -$2M | -509.9% | -427.4% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $14.2K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $47.9K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$482.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $90.4K |
| Other Non-Cash Items | $210.8K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$82.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$82.3K |
| Net Debt Issuance | -$1.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7.6K |
| NET CASH FROM FINANCING | -$8.7K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $301.0K |
| Other Current Assets | $40.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $137.0K |
| Goodwill | $0 |
| Intangible Assets | $339.0K |
| Long-Term Investments | $411.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $36.0K |
| TOTAL NON-CURRENT ASSETS | $923.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $1M |
| Short-Term Debt | $8M |
| Deferred Revenue | $388.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $11.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $11.0K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $113M |
| TOTAL STOCKHOLDERS' EQUITY | -$7M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $8M |
| Net Debt | $7M |
