| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -2.9% | -13.9% |
| Op. Income | -$40M | -$4M | -$7M | -841.3% | -461.4% |
| Gross Margin | 80.0% | 79.8% | 78.2% | 0.3pp | 1.9pp |
| Net Margin | -2251.7% | 81.4% | -277.5% | -2333.1pp | -1974.2pp |
| EPS (Diluted) | $-2.33 | $0.13 | $-0.15 | -1892.3% | -1453.3% |
| Free Cash Flow | -$4M | -$2M | -$3M | -62.7% | -11.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $343.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $2M |
| Selling & Marketing | $823.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $37M |
| Operating Expenses | $41M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$40M |
| Interest Income | $4.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $488.0K |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | -$614.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $773.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $773.0K |
| Stock-Based Compensation | $223.0K |
| Deferred Income Tax | -$613.0K |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$904.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $587.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $601.0K |
| Goodwill | $9M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $78.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $37M |
| Account Payables | $975.0K |
| Short-Term Debt | $3M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$637.0K |
| Deferred Tax Liabilities | $637.0K |
| Other Non-Current Liabilities | $637.0K |
| TOTAL NON-CURRENT LIABILITIES | $867.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $4M |
| Net Debt | -$3M |
