| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $12M | — | 42.6% | — |
| Op. Income | -$8M | -$6M | — | -32.2% | — |
| Gross Margin | 11.3% | 15.6% | — | -4.4pp | — |
| Net Margin | -75.1% | -63.4% | — | -11.7pp | — |
| EPS (Diluted) | $-0.66 | $-0.39 | — | -69.2% | — |
| Free Cash Flow | -$13M | -$4M | — | -266.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $2M |
| R&D Expenses | $4M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$24.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $419.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $370.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$560.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $11M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $26M |
| Goodwill | $21M |
| Intangible Assets | $22M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $784.0K |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $110M |
| Account Payables | $12M |
| Short-Term Debt | $21M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $164.0K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $63M |
| Net Debt | $59M |
