| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $18M | $18M | 7.5% | 11.4% |
| Op. Income | -$1M | -$5M | -$15M | 76.6% | 92.8% |
| Gross Margin | 51.3% | 47.7% | 31.0% | 3.6pp | 20.3pp |
| Net Margin | -5.4% | -25.2% | -88.2% | 19.8pp | 82.8pp |
| EPS (Diluted) | $-0.03 | $-0.15 | $-0.54 | 80.9% | 94.7% |
| Free Cash Flow | $5M | $1M | -$4M | 341.9% | 221.0% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$1M |
| Interest Income | $10.0K |
| Interest Expense | $68.0K |
| Other Income/Expenses | $63.9K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $3.0K |
| 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 | $217.6K |
| EBIT | -$981.4K |
| EBITDA | -$763.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $367.0K |
| Stock-Based Compensation | $787.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$411.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $497.0K |
| NET CASH FROM INVESTING | $86.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $12M |
| Net Receivables | $7M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $802.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $688.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $46M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204.0K |
| TOTAL NON-CURRENT LIABILITIES | $204.0K |
| TOTAL LIABILITIES | $37M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $237M |
| Retained Earnings | -$229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $46M |
| Total Debt | $3M |
| Net Debt | -$12M |
