| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134.0K | $143.0K | $282.0K | -6.3% | -52.5% |
| Op. Income | -$2M | -$3M | -$3M | 28.8% | 15.8% |
| Gross Margin | 32.8% | -30.8% | 32.6% | 63.6pp | 0.2pp |
| Net Margin | -779.9% | -2561.5% | -1732.6% | 1781.7pp | 952.8pp |
| EPS (Diluted) | $-0.73 | $-2.74 | $-11.08 | 73.4% | 93.4% |
| Free Cash Flow | -$2M | -$2M | -$2M | 17.1% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $134.0K |
| Cost of Revenue | $90.0K |
| GROSS PROFIT | $44.0K |
| R&D Expenses | $650.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $8.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $21.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $21.0K |
| Stock-Based Compensation | $401.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$288.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $406.0K |
| NET CASH FROM FINANCING | $622.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $637.0K |
| Inventory | $790.0K |
| Other Current Assets | $140.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $230.0K |
| Goodwill | $0 |
| Intangible Assets | $24.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $140.0K |
| TOTAL NON-CURRENT ASSETS | $394.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $531.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $43.0K |
| Other Current Liabilities | $594.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $128.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $163M |
| Retained Earnings | -$160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$673.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $57.0K |
| Net Debt | -$5M |
