| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $20M | — | -7.5% | — |
| Op. Income | -$5M | -$5M | — | 0.4% | — |
| Gross Margin | 34.6% | 10.3% | — | 24.2pp | — |
| Net Margin | -55.9% | -45.9% | — | -10.0pp | — |
| EPS (Diluted) | $-1.32 | $-1.17 | — | -12.8% | — |
| Free Cash Flow | $1M | -$648.0K | — | 275.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $6M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | -$341.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$5M |
| Interest Income | $112.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$16.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3.0K |
| NET INCOME | -$10M |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $668.0K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $668.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$16.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$662.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$599.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$804.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$676.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $23M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $6M |
| Goodwill | $13M |
| Intangible Assets | $23M |
| Long-Term Investments | $212.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $55.0K |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $92M |
| Account Payables | $6M |
| Short-Term Debt | $210.0K |
| Deferred Revenue | $114.0K |
| Other Current Liabilities | $153.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $94M |
| Common Stock | $2M |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$27M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $92M |
| Total Debt | $72M |
| Net Debt | $66M |
