| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | $2M | 110.8% | 46.4% |
| Op. Income | -$4M | -$4M | -$5M | 7.9% | 31.2% |
| Gross Margin | 47.4% | 53.6% | 30.1% | -6.1pp | 17.3pp |
| Net Margin | -98.6% | -227.2% | -213.5% | 128.6pp | 114.9pp |
| EPS (Diluted) | $-0.08 | $-0.09 | $-0.13 | 10.4% | 35.2% |
| Free Cash Flow | -$4M | -$5M | -$5M | 10.9% | 6.8% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $868.0K |
| Selling & Marketing | $199.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | -$242.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$4M |
| Interest Income | $16.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $67.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $188.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $188.0K |
| Stock-Based Compensation | $597.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $192.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$795.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$89.0K |
| 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 | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $14M |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $775.0K |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $31M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $166.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $167.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $360.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $94.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $301.0K |
| Net Debt | -$5M |
