| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111.0K | $282.0K | $190.0K | -60.6% | -41.6% |
| Op. Income | -$4M | -$3M | -$5M | -42.8% | 16.5% |
| Gross Margin | -45.0% | 32.6% | 10.0% | -77.7pp | -55.0pp |
| Net Margin | -2246.8% | -1732.6% | -2287.4% | -514.2pp | 40.5pp |
| EPS (Diluted) | $-2.21 | $-11.08 | $-28.68 | 80.1% | 92.3% |
| Free Cash Flow | -$3M | -$2M | -$5M | -49.9% | 31.5% |
| Item | Amount |
|---|---|
| REVENUE | $111.0K |
| Cost of Revenue | $161.0K |
| GROSS PROFIT | -$50.0K |
| R&D Expenses | $886.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $63.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $63.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$811.0K |
| Change in Working Capital | $52.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $167.0K |
| Inventory | $617.0K |
| Other Current Assets | $398.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $445.0K |
| Goodwill | $0 |
| Intangible Assets | $101.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $546.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $840.0K |
| Short-Term Debt | $51.0K |
| Deferred Revenue | $42.0K |
| Other Current Liabilities | $525.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $157.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $160M |
| Retained Earnings | -$154M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$383.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $97.0K |
| Net Debt | -$11M |
