| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306.3K | — | $700.4K | — | -56.3% |
| Op. Income | -$789.4K | — | -$372.1K | — | -112.2% |
| Gross Margin | -100.0% | — | 20.5% | — | -120.4pp |
| Net Margin | -245.1% | — | -90.0% | — | -155.0pp |
| EPS (Diluted) | $-0.09 | — | $-0.02 | — | -321.1% |
| Free Cash Flow | -$652.6K | — | -$520.7K | — | -25.3% |
| Item | Amount |
|---|---|
| REVENUE | $306.3K |
| Cost of Revenue | $612.5K |
| GROSS PROFIT | -$306.2K |
| R&D Expenses | $182.2K |
| Selling & Marketing | $127.1K |
| General & Administrative | $173.8K |
| SG&A Expenses | $301.0K |
| Other Expenses | $0 |
| Operating Expenses | $483.1K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$789.4K |
| Interest Income | $122.2K |
| Interest Expense | $15.8K |
| Other Income/Expenses | -$341.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $32.3K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$750.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$750.8K |
| D&A | $193.3K |
| EBIT | -$1M |
| EBITDA | -$921.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$750.8K |
| Depreciation & Amortization | $193.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $32.3K |
| Other Non-Cash Items | -$460.5K |
| Change in Working Capital | $352.9K |
| OPERATING CASH FLOW | -$632.8K |
| Capital Expenditure | -$19.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32 |
| NET CASH FROM INVESTING | -$19.8K |
| Net Debt Issuance | -$77.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$511.0K |
| NET CASH FROM FINANCING | -$588.5K |
| FREE CASH FLOW | -$652.6K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $174.8K |
| Inventory | $2M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $14M |
| Account Payables | $4.0K |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $552.2K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2.2K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $350.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $2M |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $5M |
| Net Debt | -$2M |
