| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | $21M | -4.0% | -21.0% |
| Op. Income | -$5M | -$3M | -$867.8K | -71.6% | -481.6% |
| Gross Margin | 17.1% | 18.5% | 23.3% | -1.4pp | -6.2pp |
| Net Margin | -30.9% | -24.1% | -3.3% | -6.8pp | -27.6pp |
| EPS (Diluted) | $-12.00 | $-9.75 | $-1.66 | -23.1% | -625.1% |
| Free Cash Flow | -$4M | -$4M | -$4M | -11.5% | -17.2% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $310.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$5M |
| Interest Income | $73.1K |
| Interest Expense | $73.2K |
| Other Income/Expenses | -$163.1K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$65.1K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $404.1K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $404.1K |
| Stock-Based Compensation | $479.6K |
| Deferred Income Tax | -$65.1K |
| Other Non-Cash Items | $487.4K |
| Change in Working Capital | -$434.3K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$133.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$133.8K |
| Net Debt Issuance | -$43.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$230.3K |
| NET CASH FROM FINANCING | -$273.7K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $329.5K |
| Other Current Assets | $38.8K |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $4M |
| Goodwill | $16M |
| Intangible Assets | $5M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $64M |
| Account Payables | $15M |
| Short-Term Debt | $3M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $968.2K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $12.4K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | -$43M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $64M |
| Total Debt | $5M |
| Net Debt | -$2M |
