| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $135M | — | -48.4% | — |
| Op. Income | -$23M | -$13M | — | -72.2% | — |
| Gross Margin | 19.0% | 21.4% | — | -2.4pp | — |
| Net Margin | -27.2% | -8.6% | — | -18.6pp | — |
| EPS (Diluted) | $-0.24 | $-0.15 | — | -62.4% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $13M |
| R&D Expenses | $5M |
| Selling & Marketing | $28M |
| General & Administrative | -$18M |
| SG&A Expenses | $10M |
| Other Expenses | $20M |
| Operating Expenses | $36M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$23M |
| Interest Income | $1M |
| Interest Expense | $119.5K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $0 |
| EBIT | -$21M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| 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 | $127M |
| Short-Term Investments | $14M |
| Net Receivables | $35M |
| Inventory | $57M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $190.9K |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $657.4K |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $320M |
| Account Payables | $84M |
| Short-Term Debt | $39M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $345.2K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $14.7K |
| Additional Paid-In Capital | $287M |
| Retained Earnings | -$126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $0 |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $320M |
| Total Debt | $40M |
| Net Debt | -$88M |
