| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $604.1K | — | $513.8K | — | 17.6% |
| Op. Income | -$575.2K | — | -$1M | — | 60.2% |
| Gross Margin | 7.4% | — | 31.5% | — | -24.1pp |
| Net Margin | -123.7% | — | -300.9% | — | 177.2pp |
| EPS (Diluted) | $-7.30 | — | $-49.71 | — | 85.3% |
| Free Cash Flow | -$284.6K | — | -$166.7K | — | -70.7% |
| Item | Amount |
|---|---|
| REVENUE | $604.1K |
| Cost of Revenue | $559.3K |
| GROSS PROFIT | $44.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $136.1K |
| General & Administrative | $484.0K |
| SG&A Expenses | $620.1K |
| Other Expenses | $0 |
| Operating Expenses | $620.1K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$575.2K |
| Interest Income | $192.1K |
| Interest Expense | $0 |
| Other Income/Expenses | -$172.1K |
| INCOME BEFORE TAX | -$747.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$747.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$747.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$747.3K |
| D&A | $55.0K |
| EBIT | -$575.2K |
| EBITDA | -$520.2K |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$747.3K |
| Depreciation & Amortization | $55.0K |
| Stock-Based Compensation | $138.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $299.2K |
| Change in Working Capital | -$20.1K |
| OPERATING CASH FLOW | -$274.6K |
| Capital Expenditure | -$10.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $29.7K |
| NET CASH FROM INVESTING | $19.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$284.6K |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $686.3K |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $30.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $288.1K |
| Additional Paid-In Capital | $33M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$779.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $2M |
| Net Debt | -$2M |
