| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $27M | $33M | 5.6% | -14.0% |
| Op. Income | -$457.0K | -$4M | $2M | 87.9% | -126.9% |
| Gross Margin | 55.7% | 45.2% | 59.2% | 10.5pp | -3.5pp |
| Net Margin | -5.9% | -12.6% | 2.9% | 6.8pp | -8.8pp |
| EPS (Diluted) | $-0.40 | $-0.82 | $0.20 | 51.6% | -298.0% |
| Free Cash Flow | $2M | $207.0K | -$241.0K | 1080.7% | 1114.1% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $2M |
| Operating Expenses | $16M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$457.0K |
| Interest Income | $0 |
| Interest Expense | $900.0K |
| Other Income/Expenses | -$435.0K |
| INCOME BEFORE TAX | -$892.0K |
| Income Tax Expense | $774.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | $8.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$254.0K |
| Other Non-Cash Items | $70.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$235.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$235.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$230.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$636.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $26M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $9M |
| Goodwill | $56M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $94M |
| TOTAL ASSETS | $145M |
| Account Payables | $6M |
| Short-Term Debt | $4M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $43M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $590.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $454.0K |
| Additional Paid-In Capital | $229M |
| Retained Earnings | -$142M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $145M |
| Total Debt | $54M |
| Net Debt | $50M |
