| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $0 | 80.8% | — |
| Op. Income | -$5M | -$8M | -$16M | 38.4% | 68.1% |
| Gross Margin | -1092.7% | 97.5% | — | -1190.2pp | — |
| Net Margin | -279.8% | -829.9% | — | 550.2pp | — |
| EPS (Diluted) | $-0.69 | $-1.09 | $-2.34 | 36.7% | 70.5% |
| Free Cash Flow | -$9M | -$8M | -$6M | -9.9% | -48.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$20M |
| R&D Expenses | $4M |
| Selling & Marketing | $191.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$21M |
| Operating Expenses | -$15M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $113.9K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $10.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $10.0K |
| Stock-Based Compensation | $619.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$108.3K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$607.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$607.3K |
| Net Debt Issuance | -$200.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $949.2K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $335.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $21M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | -$171M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$360.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $1M |
| Net Debt | -$9M |
