| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $11M | $8M | -4.5% | 23.4% |
| Op. Income | -$742.8K | $314.5K | -$321.8K | -336.2% | -130.8% |
| Gross Margin | 49.8% | 51.9% | 60.8% | -2.1pp | -11.0pp |
| Net Margin | -1.6% | 6.7% | -3.8% | -8.3pp | 2.2pp |
| EPS (Diluted) | $-0.00 | $0.01 | $-0.01 | -123.3% | 48.3% |
| Free Cash Flow | $2M | -$7M | $4M | 122.0% | -64.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$742.8K |
| Interest Income | $584.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $584.2K |
| INCOME BEFORE TAX | -$158.6K |
| Income Tax Expense | $1.5K |
| Net Income from Continuing Ops | -$160.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$160.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$160.1K |
| D&A | $845.0K |
| EBIT | -$742.8K |
| EBITDA | $102.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$160.1K |
| Depreciation & Amortization | $845.0K |
| Stock-Based Compensation | $618.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97.9K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$666.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$666.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $906.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $115M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $52.8K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$3M |
| Treasury Stock | -$816.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $4M |
| Net Debt | -$3M |
