| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $2M | — | 26.2% |
| Op. Income | -$6M | — | -$3M | — | -116.7% |
| Gross Margin | -4.0% | — | 15.1% | — | -19.0pp |
| Net Margin | -501.2% | — | -156.7% | — | -344.5pp |
| EPS (Diluted) | $-6118832.88 | — | $-19.44 | — | -31475377.8% |
| Free Cash Flow | -$10M | — | -$6M | — | -76.5% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$111.5K |
| R&D Expenses | $227.0K |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $273.1K |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $273.1K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$6M |
| EPS Diluted | -$6M |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $273.1K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $611.9K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $59.2K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $11M |
| Other Current Assets | $304.8K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $140.2K |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $49M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $4.7K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$9M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$9M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $17M |
| Net Debt | $5M |
