| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $985.5K | $2M | 36.3% | -42.3% |
| Op. Income | -$3M | -$4M | -$4M | 29.5% | 22.1% |
| Gross Margin | 24.9% | -9.8% | -69.8% | 34.6pp | 94.7pp |
| Net Margin | -245.9% | -414.2% | -177.1% | 168.3pp | -68.8pp |
| EPS (Diluted) | $-3.80 | $-5.49 | $-22.92 | 30.8% | 83.4% |
| Free Cash Flow | -$4M | -$6M | -$3M | 31.0% | -41.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $334.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $185.9K |
| Other Income/Expenses | -$572.8K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $68.9K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $68.9K |
| Stock-Based Compensation | $176.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.9K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$15.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$381.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $858.6K |
| Other Current Assets | $42.2K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $398.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64.9K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $19M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $120.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12M |
| Common Stock | $108 |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $5M |
| Net Debt | $4M |
