| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | 13.2% | 71.6% |
| Op. Income | -$6M | -$6M | -$5M | -3.0% | -17.7% |
| Gross Margin | 28.7% | 28.1% | 19.3% | 0.5pp | 9.4pp |
| Net Margin | -306.9% | -332.8% | -472.2% | 25.8pp | 165.3pp |
| EPS (Diluted) | $-0.25 | $-0.15 | $-0.60 | -66.7% | 58.3% |
| Free Cash Flow | -$4M | -$4M | -$3M | -6.1% | -33.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $505.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$6M |
| Interest Income | $468.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $468.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $65.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $61.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $61.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$346.0K |
| Change in Working Capital | -$136.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$215.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$15.0K |
| NET CASH FROM INVESTING | -$36.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $29M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $951.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $48M |
| Account Payables | $939.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $2M |
| Net Debt | -$8M |
