| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 103.5% | 64.6% |
| Op. Income | -$173.0K | -$345.0K | $18.0K | 49.9% | -1061.1% |
| Gross Margin | 48.4% | 49.4% | 62.3% | -1.0pp | -13.9pp |
| Net Margin | -5.8% | 87.6% | 7.1% | -93.5pp | -13.0pp |
| EPS (Diluted) | $-0.02 | $0.13 | $0.02 | -114.8% | -189.8% |
| Free Cash Flow | -$630.0K | -$563.0K | -$373.0K | -11.9% | -68.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $527.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$173.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $64.0K |
| INCOME BEFORE TAX | -$109.0K |
| Income Tax Expense | $82.0K |
| Net Income from Continuing Ops | -$191.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$191.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$291.0K |
| D&A | $48.0K |
| EBIT | -$173.0K |
| EBITDA | -$125.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$191.0K |
| Depreciation & Amortization | $49.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0K |
| Change in Working Capital | -$477.0K |
| OPERATING CASH FLOW | -$620.0K |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | -$630.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $505.0K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $533.0K |
| Goodwill | $5M |
| Intangible Assets | $64.0K |
| Long-Term Investments | $0 |
| Tax Assets | $135.0K |
| Other Non-Current Assets | $73.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $18M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $83.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $84.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $227.0K |
| Net Debt | -$6M |
