| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $3M | — | 42.5% |
| Op. Income | -$13.3K | — | -$95.6K | — | 86.1% |
| Gross Margin | 22.4% | — | 27.9% | — | -5.6pp |
| Net Margin | -1.6% | — | 2.8% | — | -4.4pp |
| EPS (Diluted) | $-0.01 | — | $0.02 | — | -178.0% |
| Free Cash Flow | -$2M | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $207.6K |
| Selling & Marketing | $282.9K |
| General & Administrative | $603.5K |
| SG&A Expenses | $886.3K |
| Other Expenses | $0 |
| Operating Expenses | $689.2K |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$13.3K |
| Interest Income | $1.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $406.1K |
| INCOME BEFORE TAX | $392.8K |
| Income Tax Expense | $11.3K |
| Net Income from Continuing Ops | $381.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$77.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$77.9K |
| D&A | $142.5K |
| EBIT | -$13.3K |
| EBITDA | $129.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$78.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$25.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $73.1K |
| NET CASH FROM INVESTING | $47.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$238.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $2M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $636.8K |
| Long-Term Investments | $246.9K |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $19M |
| Account Payables | $929.3K |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $0 |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$96M |
| Treasury Stock | -$896.1K |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | -$4M |
| TOTAL EQUITY | -$21M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $20M |
| Net Debt | $18M |
