| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $17M | $21M | -58.5% | -66.5% |
| Op. Income | -$2M | $584.7K | $2M | -490.4% | -234.8% |
| Gross Margin | 17.4% | 22.8% | 25.0% | -5.4pp | -7.6pp |
| Net Margin | -27.2% | 1.7% | 6.7% | -28.9pp | -33.9pp |
| EPS (Diluted) | $-0.62 | $0.08 | $0.80 | -855.2% | -177.5% |
| Free Cash Flow | $1M | $503.1K | -$3M | 99.0% | 139.5% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $1M |
| R&D Expenses | $49.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | -$9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $85.5K |
| Other Income/Expenses | -$220.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$569.3K |
| 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 | $52.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $52.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$586.5K |
| Other Non-Cash Items | $326.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$61.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61.2K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$183.3K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$183.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $11M |
| Other Current Assets | $154.3K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $335.1K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $24M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $78.7K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $113.5K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $31.5K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $3M |
| Net Debt | -$178.0K |
