| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | — | $60M | — | 4.1% |
| Op. Income | -$61M | — | -$4M | — | -1339.6% |
| Gross Margin | -3.0% | — | 6.1% | — | -9.1pp |
| Net Margin | -98.5% | — | -10.2% | — | -88.3pp |
| EPS (Diluted) | $-13.58 | — | $-1.45 | — | -836.1% |
| Free Cash Flow | $0 | — | $3M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $64M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $654.8K |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $53M |
| Operating Expenses | $59M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$61M |
| Interest Income | $11.6K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | -$459.9K |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $224.3K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $61M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $48.1K |
| Net Receivables | $15M |
| Inventory | $18M |
| Other Current Assets | $51.0K |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $285.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $59M |
| Account Payables | $3M |
| Short-Term Debt | $13M |
| Deferred Revenue | $821.7K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $0 |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$139.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $158.0K |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $22M |
| Net Debt | $17M |
