| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $5M | -7.4% | -20.9% |
| Op. Income | $383.8K | $396.8K | $331.0K | -3.3% | 15.9% |
| Gross Margin | 37.8% | 42.4% | 38.0% | -4.6pp | -0.2pp |
| Net Margin | 9.0% | 8.7% | 6.1% | 0.3pp | 2.9pp |
| EPS (Diluted) | $0.04 | $0.04 | $0.03 | -3.4% | 19.8% |
| Free Cash Flow | -$279.8K | -$315.1K | $730.6K | 11.2% | -138.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $285.2K |
| Selling & Marketing | $50.5K |
| General & Administrative | $704.3K |
| SG&A Expenses | $754.8K |
| Other Expenses | $197.1K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $383.8K |
| Interest Income | $3.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $3.7K |
| INCOME BEFORE TAX | $387.5K |
| Income Tax Expense | $1.9K |
| Net Income from Continuing Ops | $385.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $385.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $385.6K |
| D&A | $68.3K |
| EBIT | $306.4K |
| EBITDA | $374.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $285.2K |
| Selling & Marketing | $50.5K |
| General & Administrative | $704.3K |
| SG&A Expenses | $754.8K |
| Other Expenses | $197.1K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $383.8K |
| Interest Income | $3.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $3.7K |
| INCOME BEFORE TAX | $387.5K |
| Income Tax Expense | $1.9K |
| Net Income from Continuing Ops | $385.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $385.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $385.6K |
| D&A | $68.3K |
| EBIT | $306.4K |
| EBITDA | $374.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $385.6K |
| Depreciation & Amortization | $68.3K |
| Stock-Based Compensation | $81.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$387.7K |
| Change in Working Capital | -$417.5K |
| OPERATING CASH FLOW | -$269.6K |
| Capital Expenditure | -$10.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$279.8K |
| Net Change in Cash | -$279.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $9M |
| Other Current Assets | $188.5K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $30M |
| Account Payables | $796.2K |
| Short-Term Debt | $223.5K |
| Deferred Revenue | $543.9K |
| Other Current Liabilities | $354.3K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $169.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $45.7K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $3M |
| Net Debt | -$6M |
