| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | $11M | -9.2% | -37.5% |
| Op. Income | -$479.0K | -$2M | -$6M | 68.6% | 92.4% |
| Gross Margin | 21.7% | 12.8% | 11.8% | 8.9pp | 9.8pp |
| Net Margin | -23.8% | -25.0% | -85.1% | 1.2pp | 61.3pp |
| EPS (Diluted) | $-5821.61 | $-6865.20 | $-34425.79 | 15.2% | 83.1% |
| Free Cash Flow | $670.0K | -$5.0K | -$5M | 13500.0% | 113.4% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $2M |
| R&D Expenses | $104.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$479.0K |
| Interest Income | $0 |
| Interest Expense | $305.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $7.0K |
| 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 | $0 |
| EBIT | -$479.0K |
| EBITDA | -$479.0K |
| EPS | -$5.8K |
| EPS Diluted | -$5.8K |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $905.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $675.0K |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | $489.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $489.0K |
| FREE CASH FLOW | $670.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $824.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $44.0K |
| Goodwill | $0 |
| Intangible Assets | $857.0K |
| Long-Term Investments | $304.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $97.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $500.0K |
| TOTAL NON-CURRENT LIABILITIES | $597.0K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $0 |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $4M |
| Net Debt | $3M |
