| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $478.9K | $410.2K | 442.1% | 532.9% |
| Op. Income | -$13M | -$35M | -$10M | 63.3% | -26.6% |
| Gross Margin | 39.6% | 56.1% | 29.8% | -16.6pp | 9.8pp |
| Net Margin | -556.8% | -7989.3% | -2440.4% | 7432.4pp | 1883.5pp |
| EPS (Diluted) | $-0.41 | $-1.39 | $-0.24 | 70.5% | -70.8% |
| Free Cash Flow | -$13M | -$11M | -$9M | -16.7% | -49.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $7M |
| Selling & Marketing | $1M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$13M |
| Interest Income | $7.3K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$144.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$50.4K |
| NET CASH FROM INVESTING | $863.8K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6.6K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $9M |
| Goodwill | $28M |
| Intangible Assets | $34M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $357.0K |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $94M |
| Account Payables | $5M |
| Short-Term Debt | $16M |
| Deferred Revenue | $649.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $439.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $4.9K |
| Additional Paid-In Capital | $222M |
| Retained Earnings | -$168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $0 |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $94M |
| Total Debt | $29M |
| Net Debt | $15M |
