| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $4M | -59.1% | -52.8% |
| Op. Income | -$8M | -$4M | -$15M | -131.2% | 43.3% |
| Gross Margin | -147.2% | 45.4% | 44.2% | -192.6pp | -191.4pp |
| Net Margin | -487.6% | -13.9% | -375.4% | -473.7pp | -112.2pp |
| EPS (Diluted) | $-12.48 | $-0.87 | $-28.40 | -1334.5% | 56.1% |
| Free Cash Flow | $936.0K | -$2M | -$3M | 145.5% | 131.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2M |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$706.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $447.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $206.0K |
| OPERATING CASH FLOW | $937.0K |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | -$29.0K |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$42.0K |
| FREE CASH FLOW | $936.0K |
| Net Change in Cash | $894.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $767.0K |
| Inventory | $3M |
| Other Current Assets | $28.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $123.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $11M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $206.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $170M |
| Retained Earnings | -$166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $719.0K |
| Net Debt | -$864.0K |
