| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $21M | $19M | 25.0% | 33.2% |
| Op. Income | -$8M | -$7M | -$5M | -23.5% | -68.2% |
| Gross Margin | 22.7% | 17.6% | 15.9% | 5.1pp | 6.8pp |
| Net Margin | -31.1% | -31.8% | -25.9% | 0.7pp | -5.2pp |
| EPS (Diluted) | $-0.62 | $-0.51 | $-0.39 | -21.6% | -59.0% |
| Free Cash Flow | $2M | -$5M | -$987.0K | 145.4% | 334.9% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$8M |
| Interest Income | $254.0K |
| Interest Expense | $39.0K |
| Other Income/Expenses | $30.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $5M |
| EBIT | -$8M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $392.0K |
| Deferred Income Tax | -$5.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $782.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$928.0K |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $450.0K |
| Sales/Maturities of Investments | $700.0K |
| Other Investing Activities | -$450.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $894.0K |
| Net Receivables | $21M |
| Inventory | $20M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $56M |
| Goodwill | $736.0K |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $75M |
| TOTAL ASSETS | $135M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $629.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$13.0K |
| Deferred Tax Liabilities | $13.0K |
| Other Non-Current Liabilities | $13.0K |
| TOTAL NON-CURRENT LIABILITIES | $782.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $139.0K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | $50M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $122M |
| Minority Interest | $0 |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $1M |
| Net Debt | -$15M |
