| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $15M | $13M | -35.3% | -29.0% |
| Op. Income | -$612.3K | $2M | $953.8K | -128.0% | -164.2% |
| Gross Margin | 36.1% | 43.1% | 35.0% | -7.0pp | 1.1pp |
| Net Margin | -1.3% | 7.7% | 8.3% | -9.0pp | -9.6pp |
| EPS (Diluted) | $-0.01 | $0.08 | $0.08 | -110.9% | -110.5% |
| Free Cash Flow | $5M | — | $2M | — | 188.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$612.3K |
| Interest Income | $3.4K |
| Interest Expense | $376.1K |
| Other Income/Expenses | -$141.4K |
| INCOME BEFORE TAX | $65.6K |
| Income Tax Expense | $189.9K |
| Net Income from Continuing Ops | -$124.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$124.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$124.2K |
| D&A | $505.5K |
| EBIT | $441.8K |
| EBITDA | -$106.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $65.6K |
| Depreciation & Amortization | $505.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $337.6K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$97.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4.5K |
| NET CASH FROM INVESTING | -$102.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $13M |
| Other Current Assets | $603.3K |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $68M |
| Account Payables | $2M |
| Short-Term Debt | $24M |
| Deferred Revenue | $815.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $105.3K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $42M |
| Net Debt | $37M |
