| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $18M | -0.2% | -34.5% |
| Op. Income | -$2M | -$2M | -$7M | 0.2% | 68.5% |
| Gross Margin | -4.8% | -4.8% | -18.6% | 0.0pp | 13.7pp |
| Net Margin | -176.8% | -176.8% | -79.2% | -0.0pp | -97.6pp |
| EPS (Diluted) | $-1.03 | $-1.03 | $-0.68 | 0.0% | -51.9% |
| Free Cash Flow | $0 | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$565.5K |
| R&D Expenses | $535.9K |
| Selling & Marketing | $265.9K |
| General & Administrative | $777.6K |
| SG&A Expenses | $1M |
| Other Expenses | $19M |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$2M |
| Interest Income | $8.4K |
| Interest Expense | $25.0K |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $147.8K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$18M |
| NET INCOME | -$21M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | -$3M |
| EBIT | -$3M |
| EBITDA | -$58M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $617.2K |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $183.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $332.3K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $922.0K |
| TOTAL LIABILITIES | $25M |
| Common Stock | $11.4K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $890.8K |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $918.7K |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $4M |
| Net Debt | $2M |
