| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $7M | -49.1% | -67.2% |
| Op. Income | -$3M | -$5M | -$4M | 40.7% | 30.2% |
| Gross Margin | 29.2% | 21.2% | 39.2% | 8.1pp | -9.9pp |
| Net Margin | -147.2% | -123.8% | -60.9% | -23.4pp | -86.4pp |
| EPS (Diluted) | $-3.41 | $-6.44 | $-4.25 | 47.0% | 19.7% |
| Free Cash Flow | -$2M | -$2M | -$1M | 33.3% | -27.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $658.3K |
| R&D Expenses | $242.3K |
| Selling & Marketing | $156.6K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $307.7K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $514.2K |
| Other Income/Expenses | -$512.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $79.0K |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $314.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $314.0K |
| Stock-Based Compensation | $542.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $582.6K |
| Change in Working Capital | $348.1K |
| OPERATING CASH FLOW | -$2M |
| 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 | $504.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $315.2K |
| NET CASH FROM FINANCING | $819.5K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$708.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238.2K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $55.1K |
| Goodwill | $7M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $12M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $271.3K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $1.7K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $59 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $5M |
| Net Debt | $5M |
