| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $3M | -51.1% | -63.2% |
| Op. Income | -$20M | -$11M | -$12M | -78.6% | -72.2% |
| Gross Margin | -382.7% | -0.2% | -0.1% | -382.5pp | -382.6pp |
| Net Margin | -1863.3% | -503.8% | -371.2% | -1359.5pp | -1492.1pp |
| EPS (Diluted) | $-0.31 | $-0.17 | $-0.14 | -82.4% | -121.4% |
| Free Cash Flow | -$9M | -$11M | -$14M | 14.7% | 34.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $4M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $16M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $533.6K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $1M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $9M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $30M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $86M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18.8K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $137.7K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $65.3K |
| Additional Paid-In Capital | $377M |
| Retained Earnings | -$294M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $86M |
| Total Debt | $301.2K |
| Net Debt | -$26M |
