| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $10M | $10M | -49.7% | -48.1% |
| Op. Income | $2M | -$522.0K | -$745.3K | 481.7% | 367.3% |
| Gross Margin | 61.1% | 18.0% | 16.1% | 43.1pp | 45.0pp |
| Net Margin | -37.3% | -5.3% | -8.0% | -32.0pp | -29.3pp |
| EPS (Diluted) | $-1.90 | $-0.53 | $-0.78 | -256.5% | -144.2% |
| Free Cash Flow | $459.3K | $565.5K | $347.9K | -18.8% | 32.0% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | -$511.3K |
| General & Administrative | $2M |
| SG&A Expenses | $1M |
| Other Expenses | $6.1K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $2M |
| Interest Income | $11.8K |
| Interest Expense | $24.0K |
| Other Income/Expenses | $24.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | -$2M |
| NET INCOME | -$2M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $235.0K |
| D&A | $81.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $81.0K |
| Stock-Based Compensation | $30.9K |
| Deferred Income Tax | $58.4K |
| Other Non-Cash Items | -$30.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $478.9K |
| Capital Expenditure | -$19.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19.6K |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | $459.3K |
| Net Change in Cash | $359.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $334.4K |
| Other Current Assets | $886.6K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $3M |
| Goodwill | $2M |
| Intangible Assets | $893.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $68.7K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $17M |
| Account Payables | $518.9K |
| Short-Term Debt | $416.0K |
| Deferred Revenue | $297.4K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $100.6K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $4M |
| Net Debt | $1M |
