| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $12M | -0.6% | 0.9% |
| Op. Income | -$3M | -$6M | -$8M | 50.9% | 66.7% |
| Gross Margin | 68.5% | 62.8% | 72.3% | 5.7pp | -3.9pp |
| Net Margin | -437.1% | -115.9% | -174.3% | -321.2pp | -262.8pp |
| EPS (Diluted) | $-2.16 | $-0.58 | $-0.90 | -274.7% | -140.7% |
| Free Cash Flow | -$1M | -$5M | -$8M | 81.3% | 86.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $756.4K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $981.4K |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | -$63.6K |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $2M |
| EBIT | -$55M |
| EBITDA | -$53M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $610.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51M |
| Change in Working Capital | $130.8K |
| OPERATING CASH FLOW | -$988.0K |
| Capital Expenditure | -$35.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$442.9K |
| NET CASH FROM INVESTING | -$478.7K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$494.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $3M |
| Goodwill | $28M |
| Intangible Assets | $31M |
| Long-Term Investments | $27M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $89M |
| TOTAL ASSETS | $162M |
| Account Payables | $4M |
| Short-Term Debt | $34M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $306.2K |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $81M |
| Common Stock | $286M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $408.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $162M |
| Total Debt | $64M |
| Net Debt | $43M |
