| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | — | 3.9% | — |
| Op. Income | -$6M | -$4M | — | -54.8% | — |
| Gross Margin | -57.3% | 31.9% | — | -89.2pp | — |
| Net Margin | -50.5% | -52.4% | — | 1.9pp | — |
| EPS (Diluted) | $-0.07 | $-0.07 | — | -2.0% | — |
| Free Cash Flow | -$2M | -$4M | — | 45.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$7M |
| R&D Expenses | -$6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | -$754.5K |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$6M |
| Interest Income | $35.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $102.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $36.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $56.8K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $56.8K |
| Stock-Based Compensation | -$102.9K |
| Deferred Income Tax | $35.8K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$190.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$2.9K |
| NET CASH FROM INVESTING | $806.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$103.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$103.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $4M |
| Net Receivables | $11M |
| Inventory | $6M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $170.1K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $44M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $930.5K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $248.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $929.5K |
| Additional Paid-In Capital | $361M |
| Retained Earnings | -$338M |
| Treasury Stock | -$103.1K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | -$172.7K |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $3M |
| Net Debt | -$5M |
