| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $15M | $13M | -12.8% | 1.2% |
| Op. Income | -$14M | -$8M | -$6M | -85.4% | -131.7% |
| Gross Margin | 50.9% | 59.2% | 61.1% | -8.3pp | -10.2pp |
| Net Margin | -111.8% | -55.0% | -55.6% | -56.8pp | -56.2pp |
| EPS (Diluted) | $-0.83 | $-0.47 | $-0.42 | -76.6% | -97.6% |
| Free Cash Flow | -$6M | -$8M | -$7M | 18.8% | 13.7% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $800.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $21M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$14M |
| Interest Income | $481.0K |
| Interest Expense | $626.0K |
| Other Income/Expenses | -$145.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$282.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $520.0K |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $520.0K |
| Stock-Based Compensation | $582.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$406.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$406.0K |
| Net Debt Issuance | -$219.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $46.0K |
| NET CASH FROM FINANCING | -$173.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $236.0K |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $528.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $86M |
| Account Payables | $3M |
| Short-Term Debt | $190.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $445.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $867.0K |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $298M |
| Retained Earnings | -$256M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $86M |
| Total Debt | $35M |
| Net Debt | -$27M |
