| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $5M | -7.7% | -16.0% |
| Op. Income | -$17M | -$17M | -$15M | -2.2% | -18.6% |
| Gross Margin | -59.5% | -59.0% | -49.7% | -0.5pp | -9.8pp |
| Net Margin | -376.0% | -344.8% | -280.4% | -31.2pp | -95.6pp |
| EPS (Diluted) | $-0.39 | $-0.38 | $-0.35 | -2.6% | -11.4% |
| Free Cash Flow | -$12M | -$17M | -$15M | 25.3% | 16.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$17M |
| Interest Income | $831.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $820.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $860.0K |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $860.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$811.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$9.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $96.0K |
| NET CASH FROM FINANCING | $87.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $82M |
| Net Receivables | $5M |
| Inventory | $21M |
| Other Current Assets | $705.0K |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $191M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $421.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $164M |
| Minority Interest | $0 |
| TOTAL EQUITY | $164M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $8M |
| Net Debt | -$19M |
