| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $62M | $86M | -0.5% | -28.0% |
| Op. Income | -$20M | -$9M | $4M | -129.5% | -641.4% |
| Gross Margin | 25.2% | 25.4% | 31.2% | -0.1pp | -6.0pp |
| Net Margin | -30.6% | -14.1% | 5.3% | -16.5pp | -35.9pp |
| EPS (Diluted) | $-3.80 | $-2.22 | $1.23 | -71.1% | -409.5% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $16M |
| R&D Expenses | $10M |
| Selling & Marketing | $8M |
| General & Administrative | $18M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$20M |
| Interest Income | $358.4K |
| Interest Expense | $14.6K |
| Other Income/Expenses | $808.6K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$9.6K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $0 |
| EBIT | -$19M |
| EBITDA | -$19M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $203.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $119.5K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $83M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $919.5K |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $575.1K |
| TOTAL LIABILITIES | $40M |
| Common Stock | $105.9K |
| Additional Paid-In Capital | $393M |
| Retained Earnings | -$352M |
| Treasury Stock | -$140.0K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $2M |
| Net Debt | -$70M |
