| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $9M | — | 7.8% |
| Op. Income | -$3M | — | -$2M | — | -35.8% |
| Gross Margin | 97.8% | — | 87.9% | — | 9.9pp |
| Net Margin | -30.0% | — | -18.7% | — | -11.3pp |
| EPS (Diluted) | $-0.23 | — | $-0.09 | — | -163.5% |
| Free Cash Flow | -$1M | — | $800.6K | — | -278.0% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $218.9K |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $548.6K |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$3M |
| Interest Income | $102.0K |
| Interest Expense | $355.9K |
| Other Income/Expenses | -$376.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $27.1K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $533.1K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $533.1K |
| Stock-Based Compensation | $74.6K |
| Deferred Income Tax | $27.1K |
| Other Non-Cash Items | $213.6K |
| Change in Working Capital | $696.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $7M |
| Goodwill | $29M |
| Intangible Assets | $11M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $74M |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $568.5K |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $189.4K |
| Additional Paid-In Capital | $144M |
| Retained Earnings | -$112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $24M |
| Net Debt | $16M |
