| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $339.0K | — | 201.8% | — |
| Op. Income | -$14M | -$15M | — | 8.1% | — |
| Gross Margin | 66.0% | 64.9% | — | 1.1pp | — |
| Net Margin | -1378.4% | -4471.7% | — | 3093.3pp | — |
| EPS (Diluted) | $-80.41 | $-122.40 | — | 34.3% | — |
| Free Cash Flow | -$16M | -$13M | — | -23.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $348.0K |
| GROSS PROFIT | $675.0K |
| R&D Expenses | $8M |
| Selling & Marketing | -$10M |
| General & Administrative | $10M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$14M |
| Interest Income | $97.0K |
| Interest Expense | $155.0K |
| Other Income/Expenses | -$256.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $505.0K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$80 |
| EPS Diluted | -$80 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $505.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $100.0K |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $341.0K |
| Long-Term Investments | $373.0K |
| Tax Assets | -$373.0K |
| Other Non-Current Assets | $975.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $21M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $401.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $998.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $489.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $0 |
| Additional Paid-In Capital | $376M |
| Retained Earnings | -$373M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $8M |
| Net Debt | $6M |
