| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $15M | 3.3% | 26.0% |
| Op. Income | -$2M | -$4M | -$8M | 47.0% | 76.5% |
| Gross Margin | 12.1% | 4.2% | -14.6% | 8.0pp | 26.7pp |
| Net Margin | -12.2% | -22.4% | -58.3% | 10.2pp | 46.1pp |
| EPS (Diluted) | $-0.24 | $-0.44 | $-1.05 | 45.5% | 77.1% |
| Free Cash Flow | -$678.0K | -$1M | -$9M | 44.4% | 92.6% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $2M |
| R&D Expenses | $156.0K |
| Selling & Marketing | $352.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $439.0K |
| Other Income/Expenses | -$396.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $649.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $649.0K |
| Stock-Based Compensation | $220.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $396.0K |
| Change in Working Capital | $503.0K |
| OPERATING CASH FLOW | -$594.0K |
| Capital Expenditure | -$84.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$678.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $11M |
| Net Receivables | $6M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $9M |
| Goodwill | $921.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $47M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $403M |
| Retained Earnings | -$389M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $163.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $16M |
| Net Debt | $6M |
