| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $11M | $7M | -28.6% | 7.5% |
| Op. Income | -$3M | $134.0K | -$2M | -2029.9% | -12.3% |
| Gross Margin | 58.0% | 64.6% | 58.6% | -6.6pp | -0.6pp |
| Net Margin | -37.5% | -1.5% | -35.5% | -36.0pp | -1.9pp |
| EPS (Diluted) | $-0.08 | $-0.00 | $-0.07 | -1667.4% | -12.8% |
| Free Cash Flow | -$3M | -$2M | -$1M | -71.6% | -152.8% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $315.0K |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$3M |
| Interest Income | $37.0K |
| Interest Expense | $286.0K |
| Other Income/Expenses | -$249.0K |
| 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 | -$3M |
| D&A | $2M |
| EBIT | -$3M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $325.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$54.0K |
| Change in Working Capital | -$141.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $9M |
| Goodwill | $9M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $82.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $49M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $305.0K |
| Deferred Tax Liabilities | $306.0K |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $249M |
| Retained Earnings | -$230M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $8M |
| Net Debt | $6M |
