| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $846.5K | 47.7% | 285.0% |
| Op. Income | -$11M | -$13M | -$9M | 13.8% | -20.2% |
| Gross Margin | 63.9% | 66.1% | 62.5% | -2.2pp | 1.5pp |
| Net Margin | -391.1% | -700.6% | -1185.9% | 309.6pp | 794.8pp |
| EPS (Diluted) | $-0.22 | $-0.28 | $-0.18 | 22.9% | -23.3% |
| Free Cash Flow | $6M | $5M | $3M | 34.4% | 87.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$11M |
| Interest Income | $143.6K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $147 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $0 |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $6M |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $315.3K |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $71M |
| Account Payables | $5M |
| Short-Term Debt | $21M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $505.9K |
| Deferred Revenue NC | $368.9K |
| Deferred Tax Liabilities | $42.7K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $233M |
| Retained Earnings | -$225M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $125.4K |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $32M |
| Net Debt | $5M |
