| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $119.0K | $274.0K | 1273.1% | 496.4% |
| Op. Income | -$88M | -$46M | -$36M | -92.7% | -148.7% |
| Gross Margin | 81.8% | 100.0% | -162.8% | -18.2pp | 244.5pp |
| Net Margin | -5728.5% | -43520.2% | -14932.5% | 37791.6pp | 9204.0pp |
| EPS (Diluted) | $-1.73 | $-1.10 | $-0.95 | -57.3% | -82.1% |
| Free Cash Flow | -$60M | -$55M | -$31M | -9.5% | -95.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $298.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $82M |
| Selling & Marketing | -$46.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$88M |
| Interest Income | $5M |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$94M |
| Income Tax Expense | -$4.0K |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $298.0K |
| EBIT | -$88M |
| EBITDA | -$88M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $298.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $860.0K |
| NET CASH FROM FINANCING | $860.0K |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $0 |
| Net Receivables | $778.0K |
| Inventory | $0 |
| Other Current Assets | $728.0K |
| TOTAL CURRENT ASSETS | $295M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $308M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $264M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $657M |
| Retained Earnings | -$614M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $308M |
| Total Debt | $210M |
| Net Debt | -$68M |
