| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $3M | — | -20.7% |
| Op. Income | -$853.4K | — | $1M | — | -171.3% |
| Gross Margin | 54.3% | — | 70.1% | — | -15.8pp |
| Net Margin | -12.5% | — | 38.5% | — | -51.0pp |
| EPS (Diluted) | $-0.06 | — | $0.24 | — | -125.8% |
| Free Cash Flow | -$483.7K | — | $746.4K | — | -164.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $434.5K |
| Selling & Marketing | $275.9K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$853.4K |
| Interest Income | $16.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $539.6K |
| INCOME BEFORE TAX | -$313.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$313.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$313.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$313.8K |
| D&A | $12.1K |
| EBIT | -$853.4K |
| EBITDA | -$841.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$313.8K |
| Depreciation & Amortization | $113.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$449.9K |
| Change in Working Capital | $171.6K |
| OPERATING CASH FLOW | -$479.0K |
| Capital Expenditure | -$4.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $194.3K |
| NET CASH FROM INVESTING | $189.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$216.4K |
| NET CASH FROM FINANCING | -$216.4K |
| FREE CASH FLOW | -$483.7K |
| Net Change in Cash | -$242.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $835.8K |
| Short-Term Investments | $0 |
| Net Receivables | $809.0K |
| Inventory | $0 |
| Other Current Assets | $152.3K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $106.6K |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $126.1K |
| Other Non-Current Assets | $14.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $3M |
| Account Payables | $222.7K |
| Short-Term Debt | $192.4K |
| Deferred Revenue | $467.6K |
| Other Current Liabilities | $282.7K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $394.4K |
| Deferred Revenue NC | $4.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $398.6K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$875.8K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $63.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $683.8K |
| Net Debt | -$152.0K |
