| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $8M | 7.2% | 6.9% |
| Op. Income | -$784.4K | -$457.0K | -$3M | -71.6% | 71.4% |
| Gross Margin | 31.5% | 36.5% | 24.8% | -5.0pp | 6.8pp |
| Net Margin | -15.3% | -6.0% | -35.0% | -9.3pp | 19.7pp |
| EPS (Diluted) | $-0.05 | $-0.02 | $-0.11 | -150.0% | 54.5% |
| Free Cash Flow | $977.8K | $334.5K | $1M | 192.3% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $516.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$784.4K |
| Interest Income | $0 |
| Interest Expense | $78.4K |
| Other Income/Expenses | -$40.8K |
| INCOME BEFORE TAX | -$825.2K |
| Income Tax Expense | $534.6K |
| 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 | $854.1K |
| EBIT | -$775.5K |
| EBITDA | $78.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $854.1K |
| Stock-Based Compensation | $283.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $790.5K |
| Change in Working Capital | $543.1K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$133.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$133.9K |
| Net Debt Issuance | -$211.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$211.4K |
| FREE CASH FLOW | $977.8K |
| Net Change in Cash | $266.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $22M |
| Goodwill | $6M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $143.0K |
| Other Non-Current Assets | $27.7K |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $51M |
| Account Payables | $3M |
| Short-Term Debt | $998.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $541.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $270.5K |
| Additional Paid-In Capital | $232M |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $935.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $15M |
| Net Debt | $9M |
