| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $45M | $26M | -0.8% | 71.0% |
| Op. Income | -$44M | -$44M | -$24M | 0.8% | -85.6% |
| Gross Margin | 39.6% | 39.6% | 32.5% | 0.0pp | 7.1pp |
| Net Margin | -70.8% | -70.8% | -418.8% | -0.0pp | 348.0pp |
| EPS (Diluted) | $-0.29 | $-0.19 | $0.00 | -56.3% | -Infinity% |
| Free Cash Flow | -$56M | -$51M | -$25M | -9.3% | -125.1% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $18M |
| R&D Expenses | $5M |
| Selling & Marketing | $5M |
| General & Administrative | $28M |
| SG&A Expenses | $33M |
| Other Expenses | $23M |
| Operating Expenses | $61M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$44M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $2M |
| EBIT | -$44M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $406.9K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $824.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$251.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $5M |
| Net Receivables | $43M |
| Inventory | $107M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $36M |
| Goodwill | $15M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $167M |
| TOTAL ASSETS | $422M |
| Account Payables | $66M |
| Short-Term Debt | $89M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $46M |
| Additional Paid-In Capital | $378M |
| Retained Earnings | -$307M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $41M |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $422M |
| Total Debt | $161M |
| Net Debt | $78M |
