| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $33M | $21M | -28.8% | 11.4% |
| Op. Income | -$8M | -$10M | -$9M | 17.1% | 6.4% |
| Gross Margin | 21.8% | 15.9% | 21.8% | 5.9pp | 0.0pp |
| Net Margin | -37.7% | -35.8% | -73.0% | -1.9pp | 35.3pp |
| EPS (Diluted) | $-1.10 | $-1.50 | $-2.00 | 26.7% | 45.0% |
| Free Cash Flow | $246.0K | -$4M | -$1M | 105.9% | 117.7% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $943.0K |
| Other Income/Expenses | -$358.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $215.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$8M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $644.0K |
| Deferred Income Tax | $201.0K |
| Other Non-Cash Items | -$316.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$857.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$857.0K |
| Net Debt Issuance | $252.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $252.0K |
| FREE CASH FLOW | $246.0K |
| Net Change in Cash | $498.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $3M |
| Other Current Assets | $260.0K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $5M |
| Goodwill | $23M |
| Intangible Assets | $17M |
| Long-Term Investments | -$338.0K |
| Tax Assets | $338.0K |
| Other Non-Current Assets | $728.0K |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $77M |
| Account Payables | $30M |
| Short-Term Debt | $12.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $338.0K |
| Other Non-Current Liabilities | $174.0K |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $83.0K |
| Additional Paid-In Capital | $203M |
| Retained Earnings | -$214M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$11M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$11M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $27M |
| Net Debt | $15M |
