| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $350.2K | $583.8K | $459.1K | -40.0% | -23.7% |
| Op. Income | -$1M | -$2M | -$180.9K | 24.0% | -588.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -336.2% | -270.4% | 58.7% | -65.8pp | -394.9pp |
| EPS (Diluted) | $-0.19 | $-0.20 | $0.03 | 3.1% | -717.5% |
| Free Cash Flow | -$679.4K | -$595.3K | -$249.5K | -14.1% | -172.3% |
| Item | Amount |
|---|---|
| REVENUE | $350.2K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $350.2K |
| R&D Expenses | $349.6K |
| Selling & Marketing | $106.7K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $5.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $63.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $68.6K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $805 |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $805 |
| Stock-Based Compensation | $592.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$541.1K |
| Change in Working Capital | $466.0K |
| OPERATING CASH FLOW | -$659.4K |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | -$60.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$80.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$679.4K |
| Net Change in Cash | -$739.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $86.1K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $90.9K |
| Goodwill | $606.7K |
| Intangible Assets | $676.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18.1K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $539.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $83.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $675.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178.8K |
| TOTAL NON-CURRENT LIABILITIES | $192.8K |
| TOTAL LIABILITIES | $867.8K |
| Common Stock | $110 |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $66.7K |
| Net Debt | -$5M |
