| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $4M | 3.1% | 44.9% |
| Op. Income | -$12M | -$14M | -$17M | 15.6% | 29.4% |
| Gross Margin | -2.7% | -26.5% | -59.5% | 23.8pp | 56.8pp |
| Net Margin | -176.3% | -217.9% | -376.0% | 41.6pp | 199.7pp |
| EPS (Diluted) | $-0.26 | $-0.31 | $-0.39 | 16.1% | 33.3% |
| Free Cash Flow | -$10M | -$10M | -$12M | 2.4% | 20.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$172.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$12M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $794.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $794.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $76.0K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$418.0K |
| Acquisitions (Net) | $28M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$10.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7.0K |
| Other Financing Activities | $7.0K |
| NET CASH FROM FINANCING | -$12.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $499.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $68M |
| Net Receivables | $6M |
| Inventory | $20M |
| Other Current Assets | $577.0K |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $143M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $263.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $424.0K |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$101.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $143M |
| Total Debt | $7M |
| Net Debt | -$17M |
