| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207.9K | $0 | $189.8K | — | 9.5% |
| Op. Income | -$613.7K | -$395.8K | -$320.2K | -55.1% | -91.7% |
| Gross Margin | 53.3% | — | 49.8% | — | 3.5pp |
| Net Margin | -111.1% | — | -189.1% | — | 78.0pp |
| EPS (Diluted) | $-0.03 | $-0.02 | $-0.04 | -31.3% | 26.8% |
| Free Cash Flow | -$230.5K | -$473.8K | -$1M | 51.3% | 84.1% |
| Item | Amount |
|---|---|
| REVENUE | $207.9K |
| Cost of Revenue | $97.0K |
| GROSS PROFIT | $110.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $192.0K |
| General & Administrative | $421.7K |
| SG&A Expenses | $613.7K |
| Other Expenses | $0 |
| Operating Expenses | $613.7K |
| Cost & Expenses | $613.7K |
| OPERATING INCOME | -$613.7K |
| Interest Income | $274.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $254.3K |
| INCOME BEFORE TAX | -$183.8K |
| Income Tax Expense | $47.2K |
| Net Income from Continuing Ops | -$231.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$566.6K |
| NET INCOME | -$231.0K |
| Net Income Deductions | $566.6K |
| BOTTOM LINE NET INCOME | -$231.0K |
| D&A | $14.6K |
| EBIT | -$438.1K |
| EBITDA | -$423.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$231.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$274.9K |
| Change in Working Capital | $275.4K |
| OPERATING CASH FLOW | -$230.5K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13.0K |
| NET CASH FROM INVESTING | $13.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9.1K |
| NET CASH FROM FINANCING | -$9.1K |
| FREE CASH FLOW | -$230.5K |
| Net Change in Cash | -$226.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $585.7K |
| Short-Term Investments | $0 |
| Net Receivables | $28.6K |
| Inventory | $2.0K |
| Other Current Assets | $41.2K |
| TOTAL CURRENT ASSETS | $703.2K |
| PP&E (Net) | $727.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$727.7K |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $22M |
| Account Payables | $137.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | -$137.2K |
| Other Current Liabilities | $185.5K |
| TOTAL CURRENT LIABILITIES | $837.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $20M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$197.0K |
| Other Equity | $197.0K |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $8.7K |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $205.3K |
| Net Debt | -$380.3K |
