| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $7M | $3M | -52.4% | 19.4% |
| Op. Income | -$2M | -$2M | -$2M | 6.0% | -13.9% |
| Gross Margin | 24.2% | 17.4% | 21.2% | 6.8pp | 3.0pp |
| Net Margin | -88.2% | -27.2% | -62.4% | -61.0pp | -25.8pp |
| EPS (Diluted) | $-0.96 | $-0.62 | $-0.99 | -54.8% | 3.0% |
| Free Cash Flow | $2M | $1M | $1M | 83.7% | 73.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $819.0K |
| R&D Expenses | $17.0K |
| Selling & Marketing | $812.4K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$17.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $36 |
| Interest Expense | $40.0K |
| Other Income/Expenses | $663.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $55.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $149.8K |
| Stock-Based Compensation | $74.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$95.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$95.0K |
| Net Debt Issuance | -$22.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $99.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $13M |
| Other Current Assets | $441.6K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $981.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $28M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $995.7K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $119.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $354.0K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $31.7K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$1.5K |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $4M |
| Net Debt | $2M |
