| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $18M | — | -1.3% | — |
| Op. Income | -$1M | -$10M | — | 85.4% | — |
| Gross Margin | 27.8% | 18.8% | — | 9.0pp | — |
| Net Margin | -7.1% | -50.1% | — | 43.0pp | — |
| EPS (Diluted) | $-5.74 | $-45.77 | — | 87.5% | — |
| Free Cash Flow | -$3M | $967.1K | — | -391.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $5M |
| Selling & Marketing | $95.6K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $29.2K |
| Operating Expenses | $6M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$1M |
| Interest Income | $3.8K |
| Interest Expense | $14.7K |
| Other Income/Expenses | $153.5K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $5.2K |
| 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 | $107.2K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $107.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $10.6K |
| Other Non-Cash Items | $517.6K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$54.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$202.5K |
| NET CASH FROM INVESTING | -$256.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | -$26M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $341.6K |
| Goodwill | $15M |
| Intangible Assets | $923.1K |
| Long-Term Investments | $174.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.2K |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $76M |
| Account Payables | $2M |
| Short-Term Debt | $164.9K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $251.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $306.4K |
| TOTAL LIABILITIES | $9M |
| Common Stock | $43.9K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $67M |
| Minority Interest | $249.5K |
| TOTAL EQUITY | $67M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $219.6K |
| Net Debt | -$21M |
