| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $2M | — | 131.4% |
| Op. Income | -$504.1K | — | -$1M | — | 63.8% |
| Gross Margin | 59.0% | — | 30.3% | — | 28.7pp |
| Net Margin | -12.5% | — | -92.0% | — | 79.5pp |
| EPS (Diluted) | $-0.06 | — | $-0.18 | — | 68.1% |
| Free Cash Flow | -$2M | — | -$2M | — | 23.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $613.9K |
| Selling & Marketing | $278.5K |
| General & Administrative | $715.6K |
| SG&A Expenses | $994.1K |
| Other Expenses | $994.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$504.1K |
| Interest Income | $58.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $58.5K |
| INCOME BEFORE TAX | -$445.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$445.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$445.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$445.6K |
| D&A | $31.7K |
| EBIT | -$445.6K |
| EBITDA | -$413.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$445.6K |
| Depreciation & Amortization | $31.7K |
| Stock-Based Compensation | $19.1K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$17.5K |
| Acquisitions (Net) | -$954.4K |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $954.4K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $270.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $2M |
| Other Current Assets | $172.8K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $817.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $32.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $162.1K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $498.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $589.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $469.2K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$11M |
| Treasury Stock | -$119.5K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $2M |
| Net Debt | -$511.4K |
