| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | — | $110M | — | -31.0% |
| Op. Income | -$4M | — | -$4M | — | -22.1% |
| Gross Margin | 3.5% | — | 2.1% | — | 1.3pp |
| Net Margin | -5.8% | — | -3.2% | — | -2.6pp |
| EPS (Diluted) | $-2.04 | — | $-0.10 | — | -1940.0% |
| Free Cash Flow | -$4M | — | $4M | — | -200.9% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $36.7K |
| Other Income/Expenses | $30.3K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $132.4K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $72.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $129.8K |
| Other Non-Cash Items | -$251.5K |
| Change in Working Capital | -$103.6K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33.5K |
| NET CASH FROM FINANCING | -$33.5K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$733.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $22M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $634.7K |
| Long-Term Investments | $4M |
| Tax Assets | $515.4K |
| Other Non-Current Assets | $895.8K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $35M |
| Account Payables | $4M |
| Short-Term Debt | $423.6K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $823.8K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $3.5K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $11.6K |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $2M |
| Net Debt | $1M |
