| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -7.3% | -13.0% |
| Op. Income | -$3M | -$2M | -$2M | -30.9% | -34.1% |
| Gross Margin | 44.6% | 49.9% | 52.4% | -5.3pp | -7.8pp |
| Net Margin | -119.3% | -76.0% | -72.9% | -43.3pp | -46.4pp |
| EPS (Diluted) | $-6.77 | $-4.66 | $-4.03 | -45.3% | -68.0% |
| Free Cash Flow | -$687.3K | -$3M | -$2M | 73.6% | 62.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $967.8K |
| Selling & Marketing | $983.2K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$1M |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $47.2K |
| Interest Expense | $219.3K |
| Other Income/Expenses | -$201.9K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $580.5K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $537.3K |
| Stock-Based Compensation | $108.1K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $345.1K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $570.8K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$570.8K |
| NET CASH FROM INVESTING | -$723.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$687.3K |
| Net Change in Cash | -$377.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | -$1 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $321.6K |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.6K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $16M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $415.8K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29.1K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $45 |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$59M |
| Treasury Stock | -$172 |
| Accum. Other Comp. Income | $840 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $196.2K |
| Net Debt | -$2M |
