| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $8M | $15M | 35.5% | -24.9% |
| Op. Income | -$723.0K | $871.0K | -$101.0K | -183.0% | -615.8% |
| Gross Margin | 17.7% | 34.2% | 11.5% | -16.5pp | 6.2pp |
| Net Margin | -10.4% | 7.5% | -1.8% | -17.9pp | -8.6pp |
| EPS (Diluted) | $-0.05 | $0.03 | $-0.01 | -288.6% | -278.6% |
| Free Cash Flow | $11M | $3M | -$4M | 262.0% | 372.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $135.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$723.0K |
| Interest Income | $0 |
| Interest Expense | $427.0K |
| Other Income/Expenses | -$394.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $135.0K |
| EBIT | -$690.0K |
| EBITDA | -$555.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $135.0K |
| Stock-Based Compensation | $213.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$323.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$323.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$54.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$44.0K |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $862.0K |
| Other Current Assets | $175.0K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $5M |
| Goodwill | $780.0K |
| Intangible Assets | $36.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $877.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $31M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$66M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $5M |
| Net Debt | -$16M |
