| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $420.0K | $769.0K | — | -45.4% | — |
| Op. Income | -$5M | -$6M | — | 27.1% | — |
| Gross Margin | -79.5% | -217.0% | — | 137.5pp | — |
| Net Margin | -1515.0% | -794.7% | — | -720.3pp | — |
| EPS (Diluted) | $-57.21 | $-144.98 | — | 60.5% | — |
| Free Cash Flow | -$3M | -$3M | — | 9.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $420.0K |
| Cost of Revenue | $754.0K |
| GROSS PROFIT | -$334.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $120.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $16.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$57 |
| EPS Diluted | -$57 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $16.0K |
| Stock-Based Compensation | $560.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| 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 | -$701.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $199.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $411.0K |
| Short-Term Investments | $0 |
| Net Receivables | $294.0K |
| Inventory | $3M |
| Other Current Assets | $641.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $709.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31.0K |
| TOTAL NON-CURRENT ASSETS | $740.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19.0K |
| Other Current Liabilities | $538.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $242M |
| Retained Earnings | -$247M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $636.0K |
| Net Debt | $225.0K |
