| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $686.5K | $397.1K | $743.7K | 72.9% | -7.7% |
| Op. Income | -$2M | -$2M | -$2M | -26.1% | 3.2% |
| Gross Margin | 49.0% | 73.3% | 5.3% | -24.3pp | 43.7pp |
| Net Margin | -301.8% | -406.6% | -288.6% | 104.8pp | -13.2pp |
| EPS (Diluted) | $-0.07 | $-0.06 | $-0.07 | -28.4% | 0.8% |
| Free Cash Flow | -$923.4K | -$2M | -$2M | 52.9% | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $686.5K |
| Cost of Revenue | $350.1K |
| GROSS PROFIT | $336.4K |
| R&D Expenses | $852.8K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $96.9K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$811.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | -$44.4K |
| Stock-Based Compensation | $297.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39.2K |
| Change in Working Capital | $855.8K |
| OPERATING CASH FLOW | -$923.4K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$745.0K |
| Sales/Maturities of Investments | $779.1K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $34.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$923.4K |
| Net Change in Cash | -$888.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $748.3K |
| Net Receivables | $466.2K |
| Inventory | $0 |
| Other Current Assets | $10.1K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $141.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.5K |
| TOTAL NON-CURRENT ASSETS | $151.9K |
| TOTAL ASSETS | $8M |
| Account Payables | $656.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $490.1K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $88.9K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $41.1K |
| Additional Paid-In Capital | $105M |
| Retained Earnings | -$80M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $136.9K |
| Net Debt | -$6M |
