| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $2M | — | -51.2% |
| Op. Income | -$7M | — | -$8M | — | 6.3% |
| Gross Margin | 32.0% | — | 50.7% | — | -18.7pp |
| Net Margin | -961.7% | — | -255.0% | — | -706.7pp |
| EPS (Diluted) | $-1.59 | — | $-0.87 | — | -82.8% |
| Free Cash Flow | -$7M | — | -$9M | — | 22.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $703.4K |
| GROSS PROFIT | $331.6K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$7M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $14.6K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $411.2K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $411.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$379.2K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$142.9K |
| NET CASH FROM FINANCING | -$142.4K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $32M |
| Net Receivables | $577.8K |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $50M |
| Account Payables | $1M |
| Short-Term Debt | $254.2K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $234.7K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $662.9K |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$248.4K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $550 |
| Additional Paid-In Capital | $70M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $2M |
| Net Debt | -$5M |
