| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $17M | $4M | -89.5% | -52.1% |
| Op. Income | -$22M | -$8M | -$22M | -186.3% | 0.3% |
| Gross Margin | 28.7% | 15.1% | -273.5% | 13.6pp | 302.2pp |
| Net Margin | -1257.9% | 522.5% | -679.5% | -1780.4pp | -578.3pp |
| EPS (Diluted) | $-0.11 | $0.44 | $-0.13 | -125.3% | 15.4% |
| Free Cash Flow | -$15M | -$25M | -$17M | 39.1% | 11.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $506.0K |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$22M |
| Interest Income | $2.0K |
| Interest Expense | $637.0K |
| Other Income/Expenses | -$371.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $2M |
| EBIT | -$22M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12.0K |
| Other Non-Cash Items | $597.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$53.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$588.0K |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $51M |
| Net Receivables | $14M |
| Inventory | $287.0K |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $15M |
| Goodwill | $37M |
| Intangible Assets | $44M |
| Long-Term Investments | $399.0K |
| Tax Assets | $9M |
| Other Non-Current Assets | -$8M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $216M |
| Account Payables | $4M |
| Short-Term Debt | $43M |
| Deferred Revenue | $25.0K |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $216M |
| Total Debt | $51M |
| Net Debt | $47M |
