| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $3M | -6.5% | 25.3% |
| Op. Income | -$1M | -$432.0K | -$1M | -203.2% | 10.8% |
| Gross Margin | 92.2% | 94.8% | 90.7% | -2.6pp | 1.5pp |
| Net Margin | -30.9% | -12.3% | -43.2% | -18.6pp | 12.3pp |
| EPS (Diluted) | $-0.07 | $-0.03 | $-0.08 | -131.2% | 12.3% |
| Free Cash Flow | $216.0K | -$2M | -$3M | 112.0% | 108.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $332.0K |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $199.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $1.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $7.0K |
| 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 | $70.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $70.0K |
| Stock-Based Compensation | $682.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | $788.0K |
| OPERATING CASH FLOW | $233.0K |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$57.0K |
| NET CASH FROM FINANCING | -$57.0K |
| FREE CASH FLOW | $216.0K |
| Net Change in Cash | $159.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $5M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $753.0K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $723.0K |
| Goodwill | $8M |
| Intangible Assets | $246.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $24M |
| Account Payables | $849.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $150M |
| Retained Earnings | -$132M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $0 |
| Net Debt | -$5M |
