| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $105M | $97M | -13.6% | -6.0% |
| Op. Income | -$6M | $559.0K | -$5M | -1173.7% | -32.8% |
| Gross Margin | 37.3% | 42.1% | 44.9% | -4.8pp | -7.5pp |
| Net Margin | -5.8% | 0.9% | -9.1% | -6.6pp | 3.3pp |
| EPS (Diluted) | $-0.01 | $0.00 | $-0.02 | -685.8% | 54.8% |
| Free Cash Flow | -$11M | $5M | -$16M | -317.2% | 30.1% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $24M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $97M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $409.0K |
| Other Income/Expenses | -$375.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $913.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$646.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $43M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $37M |
| Goodwill | $35M |
| Intangible Assets | $22M |
| Long-Term Investments | -$17M |
| Tax Assets | $17M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $167M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | -$16M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $623.0K |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $239M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65M |
| Minority Interest | $0 |
| TOTAL EQUITY | $65M |
| TOTAL LIABILITIES & EQUITY | $167M |
| Total Debt | $58M |
| Net Debt | $48M |
