| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $50M | $55M | 1.9% | -7.0% |
| Op. Income | $1M | $2M | $7M | -18.1% | -77.3% |
| Gross Margin | 81.7% | 80.7% | 82.1% | 1.0pp | -0.5pp |
| Net Margin | -2.8% | 2.3% | 9.0% | -5.1pp | -11.7pp |
| EPS (Diluted) | $-0.11 | $0.09 | $0.35 | -222.2% | -131.4% |
| Free Cash Flow | $3M | $306.0K | $8M | 721.6% | -68.2% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $16M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$994.0K |
| Income Tax Expense | $422.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $1M |
| EBIT | -$994.0K |
| EBITDA | $382.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $406.0K |
| Deferred Income Tax | -$212.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $421.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$266.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$266.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$504.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$378.0K |
| NET CASH FROM FINANCING | -$882.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $587.0K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $71M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $78.0K |
| Other Current Liabilities | $971.0K |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $308.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $131M |
| Retained Earnings | -$98M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $16M |
| Net Debt | -$4M |
