| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340.7K | $326.0K | — | 4.5% | — |
| Op. Income | -$4M | -$2M | — | -105.6% | — |
| Gross Margin | 1.0% | 10.1% | — | -9.1pp | — |
| Net Margin | -5355.5% | -4245.4% | — | -1110.1pp | — |
| EPS (Diluted) | $-1.19 | $-0.49 | — | -142.9% | — |
| Free Cash Flow | $13M | -$1M | — | 1252.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $340.7K |
| Cost of Revenue | $337.3K |
| GROSS PROFIT | $3.4K |
| R&D Expenses | $498.5K |
| Selling & Marketing | $298.2K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $63.8K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $246.1K |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $8.5K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $8.5K |
| Stock-Based Compensation | -$888.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $900.2K |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.0K |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$564.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47.0K |
| Short-Term Investments | $0 |
| Net Receivables | $151.6K |
| Inventory | $0 |
| Other Current Assets | $165.5K |
| TOTAL CURRENT ASSETS | $364.2K |
| PP&E (Net) | $98.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $98.9K |
| TOTAL ASSETS | $463.1K |
| Account Payables | $4M |
| Short-Term Debt | $5M |
| Deferred Revenue | $254.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $465.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24.6K |
| TOTAL NON-CURRENT LIABILITIES | $489.6K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $2.4K |
| Additional Paid-In Capital | $42M |
| Retained Earnings | -$55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $463.1K |
| Total Debt | $5M |
| Net Debt | $5M |
