| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $5M | 6.2% | 21.0% |
| Op. Income | -$18M | -$18M | -$15M | 0.8% | -14.5% |
| Gross Margin | -116.5% | -111.2% | 95.8% | -5.3pp | -212.2pp |
| Net Margin | -257.2% | -273.6% | -266.2% | 16.4pp | 9.0pp |
| EPS (Diluted) | $-0.60 | $-0.60 | $-0.52 | 0.0% | -15.4% |
| Free Cash Flow | -$10M | -$13M | -$11M | 19.8% | 8.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $14M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | -$13M |
| Operating Expenses | $10M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$18M |
| Interest Income | $2M |
| Interest Expense | $57.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $44.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $44.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$974.0K |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$816.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $80.0K |
| NET CASH FROM FINANCING | $80.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $46M |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $125M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $132M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $833.0K |
| TOTAL LIABILITIES | $27M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $374M |
| Retained Earnings | -$269M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $132M |
| Total Debt | $1M |
| Net Debt | -$62M |
