| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $620.0K | $524.0K | $396.0K | 18.3% | 56.6% |
| Op. Income | -$883.0K | -$781.0K | -$812.0K | -13.1% | -8.7% |
| Gross Margin | -9.2% | 6.9% | -5.6% | -16.1pp | -3.6pp |
| Net Margin | -131.3% | -123.7% | -463.6% | -7.6pp | 332.3pp |
| EPS (Diluted) | $-0.15 | $-0.09 | $-0.33 | -62.5% | 54.5% |
| Free Cash Flow | -$797.0K | -$657.0K | -$797.0K | -21.3% | 0.0% |
| Item | Amount |
|---|---|
| REVENUE | $620.0K |
| Cost of Revenue | $677.0K |
| GROSS PROFIT | -$57.0K |
| R&D Expenses | $29.0K |
| Selling & Marketing | $94.0K |
| General & Administrative | $649.0K |
| SG&A Expenses | $743.0K |
| Other Expenses | $54.0K |
| Operating Expenses | $826.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$883.0K |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | $76.0K |
| INCOME BEFORE TAX | -$807.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$807.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$814.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$814.0K |
| D&A | $31.0K |
| EBIT | -$806.0K |
| EBITDA | -$775.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$814.0K |
| Depreciation & Amortization | $80.0K |
| Stock-Based Compensation | $24.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$52.0K |
| Change in Working Capital | $53.0K |
| OPERATING CASH FLOW | -$709.0K |
| Capital Expenditure | -$88.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $485.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $397.0K |
| Net Debt Issuance | -$2.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.0K |
| FREE CASH FLOW | -$797.0K |
| Net Change in Cash | -$314.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $787.0K |
| Short-Term Investments | $5M |
| Net Receivables | $380.0K |
| Inventory | $968.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $3M |
| Goodwill | $311.0K |
| Intangible Assets | $16.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $95.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $11M |
| Account Payables | $987.0K |
| Short-Term Debt | $247.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $266.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $507.0K |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $3M |
| Net Debt | $2M |
