| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $29M | $51M | 104.1% | 16.1% |
| Op. Income | -$612.7K | $68.7K | -$811.1K | -991.3% | 24.5% |
| Gross Margin | 50.8% | 52.6% | 48.1% | -1.8pp | 2.7pp |
| Net Margin | -0.7% | -0.1% | -1.3% | -0.6pp | 0.6pp |
| EPS (Diluted) | $-0.01 | $-0.00 | $-0.02 | -2825.0% | 38.7% |
| Free Cash Flow | $2M | -$371.9K | $3M | 563.5% | -39.5% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $3M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$612.7K |
| Interest Income | $0 |
| Interest Expense | $62.8K |
| Other Income/Expenses | -$19.7K |
| INCOME BEFORE TAX | -$632.4K |
| Income Tax Expense | -$222.4K |
| Net Income from Continuing Ops | -$410.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$410.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$410.0K |
| D&A | $37.6K |
| EBIT | -$612.7K |
| EBITDA | -$575.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$410.0K |
| Depreciation & Amortization | -$225.4K |
| Stock-Based Compensation | $18.0K |
| Deferred Income Tax | -$246.5K |
| Other Non-Cash Items | $933.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$799 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$799 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $159.0K |
| NET CASH FROM FINANCING | $159.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $14M |
| Other Current Assets | $7.2K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $232.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $20M |
| Account Payables | $4M |
| Short-Term Debt | $652.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $3.5K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $5M |
| Net Debt | $2M |
