| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | — | -16.5% | — |
| Op. Income | -$4M | -$5M | — | 19.4% | — |
| Gross Margin | 55.9% | 57.5% | — | -1.6pp | — |
| Net Margin | -73.6% | -74.6% | — | 1.0pp | — |
| EPS (Diluted) | $-0.16 | $-0.20 | — | 20.0% | — |
| Free Cash Flow | -$5M | -$4M | — | -19.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$4M |
| Interest Income | $113.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $101.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $191.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $252.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $252.0K |
| Stock-Based Compensation | $515.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$632.0K |
| Change in Working Capital | -$774.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$58.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $3M |
| Net Receivables | $4M |
| Inventory | $6M |
| Other Current Assets | $925.0K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $8M |
| Goodwill | $8M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $126.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $60M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $651.0K |
| Net Debt | -$27M |
