| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $11M | -1.8% | -18.0% |
| Op. Income | -$3M | -$615.0K | $134.0K | -459.5% | -2667.9% |
| Gross Margin | 55.3% | 56.0% | 64.6% | -0.7pp | -9.3pp |
| Net Margin | -43.7% | -11.9% | -1.5% | -31.8pp | -42.2pp |
| EPS (Diluted) | $-0.11 | $-0.03 | $-0.00 | -264.2% | -2291.3% |
| Free Cash Flow | -$347.0K | -$2M | -$2M | 81.0% | 77.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $380.0K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$3M |
| Interest Income | $83.0K |
| Interest Expense | $528.0K |
| Other Income/Expenses | -$445.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$92.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$1M |
| EBITDA | $122.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $289.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$347.0K |
| Net Change in Cash | -$347.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $12M |
| Goodwill | $7M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $231.0K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $42M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $186.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $251M |
| Retained Earnings | -$238M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $16M |
| Net Debt | $9M |
