| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $4M | 16.0% | 96.2% |
| Op. Income | -$11M | -$10M | -$9M | -13.4% | -30.6% |
| Gross Margin | 79.0% | 78.3% | 73.1% | 0.6pp | 5.9pp |
| Net Margin | -146.8% | -158.9% | -289.0% | 12.1pp | 142.1pp |
| EPS (Diluted) | $-0.51 | $-0.48 | $-0.52 | -6.3% | 1.9% |
| Free Cash Flow | -$11M | -$11M | -$8M | 3.9% | -44.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $165.0K |
| Other Income/Expenses | $971.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $128.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $128.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$79.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $7M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $125M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $805.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $545M |
| Retained Earnings | -$436M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$207.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $0 |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $125M |
| Total Debt | $7M |
| Net Debt | -$99M |
