| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $524.6K | $427.8K | $527.5K | 22.6% | -0.6% |
| Op. Income | -$1M | -$2M | -$2M | 24.2% | 22.4% |
| Gross Margin | 32.4% | 37.1% | 24.5% | -4.7pp | 7.9pp |
| Net Margin | -358.5% | -411.4% | -318.3% | 52.8pp | -40.2pp |
| EPS (Diluted) | $-0.23 | $-0.22 | $-0.21 | -4.5% | -7.3% |
| Free Cash Flow | -$767.4K | -$1M | -$824.0K | 27.9% | 6.9% |
| Item | Amount |
|---|---|
| REVENUE | $524.6K |
| Cost of Revenue | $354.4K |
| GROSS PROFIT | $170.2K |
| R&D Expenses | $563.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $913.2K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $3.0K |
| Interest Expense | $23.2K |
| Other Income/Expenses | -$574.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $69.3K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $69.3K |
| Stock-Based Compensation | -$499.9K |
| Deferred Income Tax | $322.9K |
| Other Non-Cash Items | $541.2K |
| Change in Working Capital | $424.6K |
| OPERATING CASH FLOW | -$718.2K |
| Capital Expenditure | -$49.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$51.8K |
| NET CASH FROM INVESTING | -$49.1K |
| Net Debt Issuance | -$5.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5.0K |
| FREE CASH FLOW | -$767.4K |
| Net Change in Cash | -$772.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $492.9K |
| Short-Term Investments | $0 |
| Net Receivables | $148.6K |
| Inventory | $168.6K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $806.3K |
| Goodwill | $5M |
| Intangible Assets | $667.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $8M |
| Account Payables | $680.1K |
| Short-Term Debt | $161.5K |
| Deferred Revenue | $157.5K |
| Other Current Liabilities | -$34.3K |
| TOTAL CURRENT LIABILITIES | $999.1K |
| Long-Term Debt | $79.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $79.8K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $8.9K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$28M |
| Treasury Stock | -$32.6K |
| Accum. Other Comp. Income | -$304 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $241.3K |
| Net Debt | -$251.7K |
