| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $14M | $4M | -34.9% | 118.5% |
| Op. Income | -$56M | -$36M | -$18M | -59.0% | -213.4% |
| Gross Margin | 26.0% | 28.9% | 24.4% | -2.9pp | 1.6pp |
| Net Margin | -770.3% | -370.8% | -430.7% | -399.4pp | -339.6pp |
| EPS (Diluted) | $-93.51 | $-74.81 | $-26.89 | -25.0% | -247.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $2M |
| R&D Expenses | $4M |
| Selling & Marketing | $20M |
| General & Administrative | $37M |
| SG&A Expenses | $57M |
| Other Expenses | -$2M |
| Operating Expenses | $59M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$56M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $492.6K |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $323.9K |
| EBIT | -$56M |
| EBITDA | -$56M |
| EPS | -$94 |
| EPS Diluted | -$94 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $61M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $14M |
| Net Receivables | $52M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $167M |
| PP&E (Net) | $3M |
| Goodwill | $6M |
| Intangible Assets | $2M |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $214M |
| Account Payables | $22M |
| Short-Term Debt | $51M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | -$426.2K |
| Deferred Tax Liabilities | $426.2K |
| Other Non-Current Liabilities | $426.2K |
| TOTAL NON-CURRENT LIABILITIES | $101M |
| TOTAL LIABILITIES | $220M |
| Common Stock | $24M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$686.2K |
| TOTAL STOCKHOLDERS' EQUITY | -$7M |
| Minority Interest | $501.8K |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $214M |
| Total Debt | $152M |
| Net Debt | $88M |
