| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $2M | $2M | 758.4% | 847.7% |
| Op. Income | -$6M | -$2M | -$2M | -194.6% | -169.9% |
| Gross Margin | 25.5% | 80.0% | 72.3% | -54.5pp | -46.7pp |
| Net Margin | -56.9% | -201.4% | -269.7% | 144.5pp | 212.8pp |
| EPS (Diluted) | $-0.10 | $-0.05 | $-0.08 | -96.9% | -25.5% |
| Free Cash Flow | -$2M | -$5M | -$710.5K | 67.7% | -123.2% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $634.5K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $394.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$6M |
| Interest Income | $34.0K |
| Interest Expense | $72.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$634.8K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $117.0K |
| Stock-Based Compensation | $214.0K |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $141.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$54.0K |
| NET CASH FROM INVESTING | -$54.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $140.0K |
| NET CASH FROM FINANCING | $140.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $2M |
| Net Receivables | $40M |
| Inventory | $878.0K |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $121M |
| PP&E (Net) | $2M |
| Goodwill | $27M |
| Intangible Assets | $10M |
| Long-Term Investments | $100.0K |
| Tax Assets | $768.6K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $161M |
| Account Payables | $17.9K |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $220.3K |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$47M |
| Minority Interest | $26M |
| TOTAL EQUITY | -$22M |
| TOTAL LIABILITIES & EQUITY | $161M |
| Total Debt | $32M |
| Net Debt | -$30M |
