| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $14M | $18M | -4.3% | -27.9% |
| Op. Income | -$331.1K | -$4M | $352.9K | 91.7% | -193.8% |
| Gross Margin | 33.7% | 26.6% | 27.3% | 7.2pp | 6.4pp |
| Net Margin | -2.1% | -26.5% | -17.9% | 24.4pp | 15.8pp |
| EPS (Diluted) | $-0.01 | $-0.18 | $-0.16 | 92.5% | 91.6% |
| Free Cash Flow | -$1M | -$2M | $624.5K | 41.4% | -278.1% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$331.1K |
| Interest Income | $159.5K |
| Interest Expense | $29.7K |
| Other Income/Expenses | $95.4K |
| INCOME BEFORE TAX | -$235.8K |
| Income Tax Expense | $41.8K |
| Net Income from Continuing Ops | -$277.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$277.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$277.6K |
| D&A | $263.7K |
| EBIT | -$206.1K |
| EBITDA | $57.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$277.6K |
| Depreciation & Amortization | $263.7K |
| Stock-Based Compensation | $454.5K |
| Deferred Income Tax | -$95.5K |
| Other Non-Cash Items | $31.8K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$665.1K |
| Capital Expenditure | -$447.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$270.9K |
| Common Stock Repurchased | -$35.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$306.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $313.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $8M |
| Net Receivables | $8M |
| Inventory | $22M |
| Other Current Assets | $611.1K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $4M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.1K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $48M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $327.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $675.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $4M |
| Net Debt | $185.4K |
