| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | — | 4.5% | — |
| Op. Income | -$5M | -$8M | — | 35.5% | — |
| Gross Margin | 21.6% | 11.3% | — | 10.4pp | — |
| Net Margin | -106.2% | -75.1% | — | -31.2pp | — |
| EPS (Diluted) | $-0.97 | $-0.66 | — | -47.0% | — |
| Free Cash Flow | -$5M | -$13M | — | 58.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $14.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $1M |
| EBIT | -$16M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $422.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $54.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$5M |
| Short-Term Investments | $9M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5M |
| TOTAL NON-CURRENT ASSETS | -$5M |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $0 |
| Net Debt | $5M |
