| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $673.6K | $0 | — | — | — |
| Op. Income | -$11M | -$22M | — | 50.3% | — |
| Gross Margin | -92.5% | — | — | — | — |
| Net Margin | -1201.6% | — | — | — | — |
| EPS (Diluted) | $-0.56 | $-1.43 | — | 60.7% | — |
| Free Cash Flow | -$6M | -$8M | — | 27.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $673.6K |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$623.2K |
| R&D Expenses | $839.5K |
| Selling & Marketing | $97.6K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $647.1K |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $104.2K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $92.9K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $132.7K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $402.2K |
| Stock-Based Compensation | $97.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $198.8K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $624.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $22M |
| Other Current Assets | $332.0K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $72M |
| Account Payables | $8M |
| Short-Term Debt | $484.0K |
| Deferred Revenue | $7M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $2.3K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$240M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $257M |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $13M |
| Net Debt | $7M |
