| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $12M | 5.2% | -8.8% |
| Op. Income | -$44M | -$18M | -$18M | -137.7% | -142.3% |
| Gross Margin | 67.6% | 86.0% | 73.7% | -18.3pp | -6.1pp |
| Net Margin | -412.5% | -184.0% | -168.3% | -228.6pp | -244.2pp |
| EPS (Diluted) | $-1.72 | $-0.49 | $-0.59 | -251.0% | -191.5% |
| Free Cash Flow | -$13M | -$14M | -$17M | 8.1% | 21.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $16M |
| Selling & Marketing | $6M |
| General & Administrative | $8M |
| SG&A Expenses | $14M |
| Other Expenses | $21M |
| Operating Expenses | $51M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$44M |
| Interest Income | $1M |
| Interest Expense | $781.0K |
| Other Income/Expenses | $283.0K |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $335.0K |
| EBIT | -$43M |
| EBITDA | -$42M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $335.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$585.0K |
| Acquisitions (Net) | -$558.0K |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $558.0K |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | -$34.0K |
| Common Stock Repurchased | -$24.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24.0K |
| NET CASH FROM FINANCING | -$58.0K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $49M |
| Net Receivables | $16M |
| Inventory | $3M |
| Other Current Assets | $782.0K |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $180M |
| Account Payables | $6M |
| Short-Term Debt | $10M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $767M |
| Retained Earnings | -$671M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $786.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $180M |
| Total Debt | $46M |
| Net Debt | -$49M |
