| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $294.0K | $234.2K | $321.4K | 25.5% | -8.5% |
| Op. Income | -$3M | -$3M | -$3M | -1.4% | -5.5% |
| Gross Margin | 64.2% | 63.5% | 61.8% | 0.7pp | 2.4pp |
| Net Margin | -1002.2% | -1235.5% | -897.1% | 233.4pp | -105.1pp |
| EPS (Diluted) | $-0.24 | $-0.25 | $-0.24 | 4.0% | 0.0% |
| Free Cash Flow | -$3M | -$3M | -$3M | 10.3% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $294.0K |
| Cost of Revenue | $105.1K |
| GROSS PROFIT | $188.9K |
| R&D Expenses | $2M |
| Selling & Marketing | $244.9K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $133.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $97.1K |
| Interest Expense | $1.7K |
| Other Income/Expenses | $95.4K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $208.7K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $208.7K |
| Stock-Based Compensation | $57.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $300 |
| Change in Working Capital | $32.7K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$8.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.9K |
| Net Debt Issuance | -$147.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$144.1K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $124.0K |
| Inventory | $500.7K |
| Other Current Assets | $542.1K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $1.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $920.8K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $14M |
| Account Payables | $526.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98.8K |
| TOTAL NON-CURRENT LIABILITIES | $98.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | -$97M |
| Treasury Stock | -$60.0K |
| Accum. Other Comp. Income | $568.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $305.1K |
| Net Debt | -$10M |
