| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $14M | $10M | -23.2% | 1.4% |
| Op. Income | -$4M | -$4M | -$3M | -10.1% | -39.3% |
| Gross Margin | 19.9% | 22.3% | 33.0% | -2.4pp | -13.1pp |
| Net Margin | -42.6% | -29.4% | -30.4% | -13.2pp | -12.1pp |
| EPS (Diluted) | $-2.42 | $-2.18 | $-1.74 | -11.0% | -39.1% |
| Free Cash Flow | -$803.8K | -$3M | -$4M | 73.7% | 81.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$4M |
| Interest Expense | $130.0K |
| Other Income/Expenses | -$129.6K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $39.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $227.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $259.5K |
| Stock-Based Compensation | $198.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $940.1K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$707.4K |
| Capital Expenditure | -$96.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$72.4K |
| NET CASH FROM INVESTING | -$96.4K |
| Net Debt Issuance | -$103.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$103.9K |
| FREE CASH FLOW | -$803.8K |
| Net Change in Cash | -$907.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530.1K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $25M |
| Other Current Assets | $860.7K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $810.5K |
| Goodwill | $0 |
| Intangible Assets | $73.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $511.8K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $31M |
| Account Payables | $3M |
| Short-Term Debt | $6M |
| Deferred Revenue | $633.5K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $771.7K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $794.3K |
| TOTAL LIABILITIES | $15M |
| Common Stock | $469.5K |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $6M |
| Net Debt | $5M |
