| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $4M | — | 168.2% |
| Op. Income | -$4M | — | -$7M | — | 48.0% |
| Gross Margin | 45.3% | — | 34.0% | — | 11.3pp |
| Net Margin | -70.7% | — | -699.0% | — | 628.3pp |
| EPS (Diluted) | $-53.55 | — | $-183.40 | — | 70.8% |
| Free Cash Flow | $16M | — | -$15M | — | 212.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $75.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $620.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $620.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$54 |
| EPS Diluted | -$54 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $620.0K |
| Stock-Based Compensation | $193.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $859.0K |
| Inventory | $39M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $3M |
| Goodwill | $27M |
| Intangible Assets | $6M |
| Long-Term Investments | $687.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $108M |
| Account Payables | $10M |
| Short-Term Debt | $15.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $64M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $118M |
| Common Stock | $51.0K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$10M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$10M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $66M |
| Net Debt | $48M |
