| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $16M | $18M | -0.9% | -8.9% |
| Op. Income | -$10M | -$9M | -$9M | -5.3% | -10.4% |
| Gross Margin | 51.7% | 55.2% | 58.8% | -3.5pp | -7.1pp |
| Net Margin | -66.7% | -62.5% | -124.2% | -4.1pp | 57.5pp |
| EPS (Diluted) | $-0.60 | $-0.57 | $-1.64 | -5.3% | 63.4% |
| Free Cash Flow | -$24M | -$7M | -$4M | -227.3% | -441.0% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $8M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$10M |
| Interest Income | $50.0K |
| Interest Expense | $617.0K |
| Other Income/Expenses | -$634.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $13.0K |
| 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 | $1M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $441.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $948.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $14M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $189.0K |
| Goodwill | $0 |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $95.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $105M |
| Account Payables | $37M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $23M |
| Net Debt | -$9M |
