| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $53M | $50M | 1.5% | 7.8% |
| Op. Income | $3M | $4M | $1M | -38.9% | 67.9% |
| Gross Margin | 17.1% | 18.8% | 19.3% | -1.6pp | -2.1pp |
| Net Margin | -30.7% | -25.9% | 2.3% | -4.9pp | -33.1pp |
| EPS (Diluted) | $-2.60 | $-2.34 | $0.48 | -11.1% | -641.7% |
| Free Cash Flow | -$12M | -$1M | -$26M | -881.3% | 54.6% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $188.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $168.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $10M |
| EBIT | -$7M |
| EBITDA | $3M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $848.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $616M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $618M |
| TOTAL ASSETS | $661M |
| Account Payables | $7M |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $113.0K |
| TOTAL NON-CURRENT LIABILITIES | $625M |
| TOTAL LIABILITIES | $719M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $295M |
| Retained Earnings | -$397M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$58M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$58M |
| TOTAL LIABILITIES & EQUITY | $661M |
| Total Debt | $671M |
| Net Debt | $654M |
