| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38.4K | $545.3K | $24.0K | -93.0% | 60.1% |
| Op. Income | -$719.6K | -$293.2K | -$577.5K | -145.4% | -24.6% |
| Gross Margin | 82.1% | 65.7% | 104.2% | 16.5pp | -22.1pp |
| Net Margin | -1899.0% | -24.8% | -2483.1% | -1874.2pp | 584.1pp |
| EPS (Diluted) | $-0.10 | $-0.03 | $-0.13 | -283.1% | 23.1% |
| Free Cash Flow | -$906.5K | -$943.7K | -$409.1K | 3.9% | -121.6% |
| Item | Amount |
|---|---|
| REVENUE | $38.4K |
| Cost of Revenue | $6.9K |
| GROSS PROFIT | $31.6K |
| R&D Expenses | $356.3K |
| Selling & Marketing | $21.1K |
| General & Administrative | $119.1K |
| SG&A Expenses | $140.3K |
| Other Expenses | $254.6K |
| Operating Expenses | $751.2K |
| Cost & Expenses | $758.0K |
| OPERATING INCOME | -$719.6K |
| Interest Income | $0 |
| Interest Expense | $13.5K |
| Other Income/Expenses | -$10.1K |
| INCOME BEFORE TAX | -$729.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$729.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$729.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$729.7K |
| D&A | $132 |
| EBIT | -$719.6K |
| EBITDA | -$719.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$729.7K |
| Depreciation & Amortization | $1.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$162.8K |
| Change in Working Capital | -$15.4K |
| OPERATING CASH FLOW | -$906.5K |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$906.5K |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162.7K |
| Short-Term Investments | $7M |
| Net Receivables | $4.9K |
| Inventory | $154.4K |
| Other Current Assets | $272.3K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $6.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6.7K |
| TOTAL ASSETS | $7M |
| Account Payables | $658.4K |
| Short-Term Debt | $700.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $336.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.5K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $7.3K |
| Additional Paid-In Capital | $78M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $755.3K |
| Net Debt | $592.5K |
