| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$6M | — | $5M | — | -229.8% |
| Op. Income | -$12M | — | -$9M | — | -29.1% |
| Gross Margin | -10.9% | — | 20.7% | — | -31.6pp |
| Net Margin | 371.5% | — | -228.1% | — | 599.7pp |
| EPS (Diluted) | $-7.80 | — | $-5.31 | — | -46.9% |
| Free Cash Flow | -$3M | — | -$4M | — | 35.7% |
| Item | Amount |
|---|---|
| REVENUE | -$6M |
| Cost of Revenue | -$7M |
| GROSS PROFIT | $674.0K |
| R&D Expenses | $423.0K |
| Selling & Marketing | -$298.0K |
| General & Administrative | $824.0K |
| SG&A Expenses | $526.0K |
| Other Expenses | $11M |
| Operating Expenses | $12M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $379.0K |
| Other Income/Expenses | -$440.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $29.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$11M |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $0 |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $84.0K |
| Stock-Based Compensation | $409.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $311.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | -$1.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $550.0K |
| Inventory | $28.0K |
| Other Current Assets | $171.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $276.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $8M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $651.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $0 |
| Additional Paid-In Capital | $292M |
| Retained Earnings | -$303M |
| Treasury Stock | -$502.0K |
| Accum. Other Comp. Income | -$418.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$11M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$11M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $7M |
| Net Debt | $3M |
