| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679.0K | $455.0K | $1M | 49.2% | -50.6% |
| Op. Income | -$9M | -$8M | -$5M | -21.8% | -100.6% |
| Gross Margin | -2.2% | -7.7% | 25.1% | 5.5pp | -27.3pp |
| Net Margin | -1382.9% | -1660.4% | -339.2% | 277.5pp | -1043.8pp |
| EPS (Diluted) | $-0.76 | $-0.66 | $-0.47 | -15.2% | -61.7% |
| Free Cash Flow | -$5M | -$220.0K | -$4M | -2389.9% | -25.7% |
| Item | Amount |
|---|---|
| REVENUE | $679.0K |
| Cost of Revenue | $694.0K |
| GROSS PROFIT | -$15.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $83.0K |
| Other Income/Expenses | -$133.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $31.0K |
| 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 | $324.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $324.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $55.0K |
| Change in Working Capital | -$317.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $835.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $465.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $643.0K |
| Short-Term Investments | $0 |
| Net Receivables | $739.0K |
| Inventory | $379.0K |
| Other Current Assets | $562.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $3M |
| Goodwill | $5M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $18M |
| Account Payables | $5M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $625.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $0 |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$9M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$9M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $6M |
| Net Debt | $5M |
