| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $33M | $60M | -18.7% | -54.6% |
| Op. Income | -$20M | -$98M | $15M | 79.5% | -233.4% |
| Gross Margin | -44.7% | -11.8% | 65.4% | -32.8pp | -110.1pp |
| Net Margin | -62.3% | -255.1% | 16.2% | 192.8pp | -78.5pp |
| EPS (Diluted) | $-0.08 | $-0.40 | $0.05 | 81.2% | -250.2% |
| Free Cash Flow | $9M | -$21M | -$67M | 144.3% | 113.7% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $39M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $0 |
| Selling & Marketing | $182.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$4M |
| Operating Expenses | $8M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $191.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $21M |
| EBIT | -$13M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $165.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6.0K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $5M |
| Net Receivables | $17M |
| Inventory | $588.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $268M |
| Goodwill | $0 |
| Intangible Assets | $33.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $274M |
| TOTAL ASSETS | $343M |
| Account Payables | $13M |
| Short-Term Debt | $43M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $169.0K |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $405M |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $343M |
| Total Debt | $65M |
| Net Debt | $34M |
