| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $33M | $22M | -4.7% | 42.6% |
| Op. Income | $3M | -$6M | -$10M | 147.5% | 129.6% |
| Gross Margin | 55.1% | 31.3% | 2.0% | 23.8pp | 53.1pp |
| Net Margin | 12.3% | -13.5% | -4.3% | 25.8pp | 16.6pp |
| EPS (Diluted) | $0.04 | $-0.05 | $-0.01 | 183.1% | 473.8% |
| Free Cash Flow | -$4M | -$26M | -$12M | 86.2% | 70.0% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $17M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $30.0K |
| Other Income/Expenses | $759.3K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$169.5K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $17M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $30.0K |
| Other Income/Expenses | $759.3K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$169.5K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$218.5K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $640.9K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$149.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.7K |
| NET CASH FROM FINANCING | -$146.2K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $19M |
| Net Receivables | $22M |
| Inventory | $64M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $192M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $258M |
| TOTAL ASSETS | $419M |
| Account Payables | $24M |
| Short-Term Debt | $58.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $100.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $563M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $377M |
| Minority Interest | $0 |
| TOTAL EQUITY | $377M |
| TOTAL LIABILITIES & EQUITY | $419M |
| Total Debt | $158.6K |
| Net Debt | -$51M |
