| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $55M | — | -48.4% |
| Op. Income | -$2M | — | $1M | — | -225.5% |
| Gross Margin | 3.3% | — | 6.0% | — | -2.7pp |
| Net Margin | -3.2% | — | 2.1% | — | -5.2pp |
| EPS (Diluted) | $-0.04 | — | $0.07 | — | -159.6% |
| Free Cash Flow | -$477.7K | — | $3M | — | -115.2% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $931.7K |
| R&D Expenses | $157.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $63.5K |
| Other Income/Expenses | $156.4K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$336.3K |
| Net Income from Continuing Ops | -$172.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $41.3K |
| NET INCOME | -$898.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$131.1K |
| D&A | $68.1K |
| EBIT | -$212.2K |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$898.2K |
| Depreciation & Amortization | $68.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2.2K |
| Other Non-Cash Items | $800.7K |
| Change in Working Capital | -$754.9K |
| OPERATING CASH FLOW | -$786.4K |
| Capital Expenditure | $308.7K |
| Acquisitions (Net) | $31.3K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$515.7K |
| NET CASH FROM INVESTING | -$175.6K |
| Net Debt Issuance | -$146.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $9.8K |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$477.7K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $548.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $110.7K |
| Long-Term Investments | $2M |
| Tax Assets | $3.2K |
| Other Non-Current Assets | $73.2K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $18M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $290.7K |
| Other Current Liabilities | $43.7K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $642.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $1.9K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $653.1K |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | -$354.8K |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $7M |
| Net Debt | $3M |
