| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $26M | $30M | -4.7% | -16.7% |
| Op. Income | -$7M | -$2M | $2M | -323.1% | -547.0% |
| Gross Margin | -16.6% | 13.0% | 20.2% | -29.6pp | -36.8pp |
| Net Margin | 8.4% | -5.8% | -2.7% | 14.2pp | 11.1pp |
| EPS (Diluted) | $0.17 | $-0.14 | $-0.08 | 221.4% | 305.8% |
| Free Cash Flow | -$26M | $1M | $7M | -2007.7% | -458.3% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $29M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$3M |
| Operating Expenses | $3M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $755.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $111.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $111.0K |
| Stock-Based Compensation | $57.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$84M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $136M |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | -$293M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $137M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$137M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $312M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$6M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $293M |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $312M |
| Total Debt | $34M |
| Net Debt | $6M |
