| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $23M | -22.7% | -83.1% |
| Op. Income | -$208.1K | $2M | $18M | -112.3% | -101.2% |
| Gross Margin | 49.1% | 40.6% | 85.7% | 8.5pp | -36.6pp |
| Net Margin | 18.2% | 37.6% | 83.2% | -19.4pp | -65.0pp |
| EPS (Diluted) | $0.01 | $0.03 | $0.31 | -60.0% | -96.3% |
| Free Cash Flow | $0 | $1M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $186.4K |
| General & Administrative | $721.7K |
| SG&A Expenses | $908.1K |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$208.1K |
| Interest Income | $517.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $916.9K |
| Income Tax Expense | $224.9K |
| Net Income from Continuing Ops | $692.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $692.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692.0K |
| D&A | $0 |
| EBIT | -$208.1K |
| EBITDA | -$208.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $692.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$692.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $2M |
| Other Current Assets | $414.9K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $156.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $21 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $21M |
| Account Payables | $24.3K |
| Short-Term Debt | $17.4K |
| Deferred Revenue | $85 |
| Other Current Liabilities | $228.8K |
| TOTAL CURRENT LIABILITIES | $290.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $106 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.5K |
| TOTAL LIABILITIES | $294.9K |
| Common Stock | $21 |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $21.8K |
| Net Debt | -$16M |
