| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376.0K | $408.0K | $428.0K | -7.8% | -12.1% |
| Op. Income | -$2M | -$2M | -$2M | 6.2% | 5.6% |
| Gross Margin | 30.1% | 10.5% | 16.4% | 19.5pp | 13.7pp |
| Net Margin | -562.8% | -552.7% | -523.1% | -10.1pp | -39.6pp |
| EPS (Diluted) | $-178.76 | $-23.30 | $-23.05 | -667.2% | -675.5% |
| Free Cash Flow | -$3M | -$2M | -$2M | -13.2% | -15.9% |
| Item | Amount |
|---|---|
| REVENUE | $376.0K |
| Cost of Revenue | $263.0K |
| GROSS PROFIT | $113.0K |
| R&D Expenses | $490.0K |
| Selling & Marketing | $458.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $44.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$179 |
| EPS Diluted | -$179 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $44.0K |
| Stock-Based Compensation | $84.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$438.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$94.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $57.0K |
| Inventory | $943.0K |
| Other Current Assets | $21.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $585.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.0K |
| TOTAL NON-CURRENT ASSETS | $619.0K |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $323.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $505.0K |
| Net Debt | -$5M |
