| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $13M | $12M | -24.7% | -23.3% |
| Op. Income | -$2M | -$5M | -$5M | 54.8% | 55.2% |
| Gross Margin | 70.3% | 68.8% | 68.6% | 1.5pp | 1.7pp |
| Net Margin | -23.0% | -37.6% | -34.9% | 14.5pp | 11.9pp |
| EPS (Diluted) | $-0.37 | $-0.78 | $-0.76 | 52.5% | 51.3% |
| Free Cash Flow | $1M | $78M | — | -98.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $5M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | -$402.8K |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$2M |
| Interest Income | $48.2K |
| Interest Expense | $32.6K |
| Other Income/Expenses | $102.9K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$21.9K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $556.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1M |
| 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 | $1M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $566.1K |
| Inventory | $0 |
| Other Current Assets | $717.5K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $940.4K |
| Goodwill | $803.4K |
| Intangible Assets | $475.0K |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $46.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $8M |
| Account Payables | $390.9K |
| Short-Term Debt | $493.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $57.7K |
| Deferred Tax Liabilities | $99.1K |
| Other Non-Current Liabilities | $42.3K |
| TOTAL NON-CURRENT LIABILITIES | $310.8K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$20M |
| Treasury Stock | -$18.0K |
| Accum. Other Comp. Income | $372.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $649.6K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $605.3K |
| Net Debt | -$1M |
