| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $8M | 4.1% | -13.9% |
| Op. Income | -$2M | -$548.0K | $1M | -263.7% | -287.7% |
| Gross Margin | 49.6% | 62.6% | 74.8% | -13.0pp | -25.2pp |
| Net Margin | -30.8% | -8.2% | 10.7% | -22.6pp | -41.6pp |
| EPS (Diluted) | $-0.09 | $-0.02 | $0.04 | -289.3% | -319.0% |
| Free Cash Flow | -$388.0K | $873.0K | $3M | -144.4% | -113.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $361.0K |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $247.0K |
| 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 | $275.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $275.0K |
| Stock-Based Compensation | $750.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $387.0K |
| Capital Expenditure | -$775.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$775.0K |
| Net Debt Issuance | -$385.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $181.0K |
| NET CASH FROM FINANCING | -$294.0K |
| FREE CASH FLOW | -$388.0K |
| Net Change in Cash | -$682.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $911.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $150.0K |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $32M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$53.0K |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22.0K |
| TOTAL LIABILITIES | $16M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $120M |
| Retained Earnings | -$104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $5M |
| Net Debt | -$16M |
