| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $15M | $13M | -37.3% | -28.4% |
| Op. Income | -$28M | -$21M | -$20M | -34.1% | -41.4% |
| Gross Margin | 24.7% | 6.6% | 4.2% | 18.1pp | 20.5pp |
| Net Margin | -236.0% | -142.4% | -153.7% | -93.6pp | -82.3pp |
| EPS (Diluted) | $-0.13 | $-0.13 | $-0.11 | 0.0% | -18.2% |
| Free Cash Flow | -$31M | -$30M | -$25M | -3.0% | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$28M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$192.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $684.0K |
| EBIT | -$22M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $684.0K |
| Stock-Based Compensation | $565.0K |
| Deferred Income Tax | -$193.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $194M |
| NET CASH FROM FINANCING | $194M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $265M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $29M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $302M |
| PP&E (Net) | $35M |
| Goodwill | $8M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $352M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $163.0K |
| Other Current Liabilities | $397.0K |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15.0K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $329M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $307M |
| Minority Interest | $0 |
| TOTAL EQUITY | $307M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $3M |
| Net Debt | -$262M |
