| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | 2.4% | 31.2% |
| Op. Income | -$1M | -$2M | -$3M | 37.5% | 62.5% |
| Gross Margin | 28.7% | 28.2% | 4.2% | 0.4pp | 24.5pp |
| Net Margin | -43.4% | -65.9% | -128.1% | 22.5pp | 84.7pp |
| EPS (Diluted) | $-2.80 | $-6.24 | $-10.63 | 55.2% | 73.7% |
| Free Cash Flow | -$3M | -$379.0K | -$1M | -594.2% | -80.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $864.0K |
| R&D Expenses | $201.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $12.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$292.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$131.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $34.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $34.0K |
| Stock-Based Compensation | $100.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $70.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$190.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $108.0K |
| NET CASH FROM INVESTING | -$82.0K |
| Net Debt Issuance | $415.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $89.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $240.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $906.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $949.0K |
| Other Non-Current Assets | $578.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $16M |
| Account Payables | $841.0K |
| Short-Term Debt | $431.0K |
| Deferred Revenue | $160.0K |
| Other Current Liabilities | $566.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $140.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $201M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $849.0K |
| Net Debt | -$3M |
