| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -3.3% | -4.2% |
| Op. Income | -$138.0K | $223.0K | -$14.0K | -161.9% | -885.7% |
| Gross Margin | 50.0% | 52.2% | 54.6% | -2.2pp | -4.6pp |
| Net Margin | -2.2% | 12.8% | -0.4% | -15.0pp | -1.7pp |
| EPS (Diluted) | $-0.01 | $0.08 | $-0.00 | -116.2% | -374.1% |
| Free Cash Flow | -$149.0K | $18.0K | -$109.0K | -927.8% | -36.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $268.0K |
| Selling & Marketing | $370.0K |
| General & Administrative | $522.0K |
| SG&A Expenses | $892.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$138.0K |
| Interest Income | $93.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $93.0K |
| INCOME BEFORE TAX | -$45.0K |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | -$44.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44.0K |
| D&A | $24.0K |
| EBIT | -$138.0K |
| EBITDA | -$114.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44.0K |
| Depreciation & Amortization | $24.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$50.0K |
| Other Non-Cash Items | -$36.0K |
| Change in Working Capital | -$42.0K |
| OPERATING CASH FLOW | -$148.0K |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.0K |
| FREE CASH FLOW | -$149.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $4M |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $215.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $952.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $306.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $14M |
| Account Payables | $357.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $821.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $821.0K |
| Common Stock | $342.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $4.0K |
| Net Debt | -$6M |
