| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $19M | $18M | -3.0% | 2.7% |
| Op. Income | $352.9K | $163.4K | -$70.9K | 116.0% | 597.5% |
| Gross Margin | 27.3% | 27.0% | 28.3% | 0.3pp | -1.1pp |
| Net Margin | -17.9% | 0.7% | -2.2% | -18.6pp | -15.7pp |
| EPS (Diluted) | $-0.16 | $0.01 | $-0.02 | -2639.7% | -676.7% |
| Free Cash Flow | $624.5K | -$1M | $2M | 150.3% | -69.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $352.9K |
| Interest Income | $84.8K |
| Interest Expense | $28.7K |
| Other Income/Expenses | $520.1K |
| INCOME BEFORE TAX | $873.0K |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $265.3K |
| EBIT | $901.7K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $265.3K |
| Stock-Based Compensation | $533.5K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $726.1K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $868.9K |
| Capital Expenditure | -$244.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$565.2K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$809.6K |
| Net Debt Issuance | -$220.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$73.1K |
| NET CASH FROM FINANCING | -$293.3K |
| FREE CASH FLOW | $624.5K |
| Net Change in Cash | -$68.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $10M |
| Net Receivables | $11M |
| Inventory | $21M |
| Other Current Assets | $502.2K |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $42.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $60.2K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $56M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $440.6K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $409.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $945.2K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $510.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $4M |
| Net Debt | $1M |
