| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446.0K | $112.0K | $189.0K | 298.2% | 136.0% |
| Op. Income | -$14M | -$15M | -$12M | 4.1% | -16.7% |
| Gross Margin | -200.0% | -1344.6% | -95.2% | 1144.6pp | -104.8pp |
| Net Margin | -3642.8% | -13328.6% | -6492.1% | 9685.7pp | 2849.2pp |
| EPS (Diluted) | $-48.31 | $-0.40 | $-0.35 | -11977.5% | -13702.9% |
| Free Cash Flow | -$7M | -$4M | -$6M | -58.3% | -19.2% |
| Item | Amount |
|---|---|
| REVENUE | $446.0K |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$892.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $11M |
| Other Expenses | $505.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$14M |
| Interest Income | $78.0K |
| Interest Expense | $33.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $612.0K |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$48 |
| EPS Diluted | -$48 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $612.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $27.0K |
| Inventory | $62.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $49M |
| Account Payables | $625.0K |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $826.0K |
| TOTAL LIABILITIES | $24M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $14M |
| Net Debt | -$26M |
