| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $14M | — | -11.7% | — |
| Op. Income | -$2M | -$387.0K | — | -396.9% | — |
| Gross Margin | 34.7% | 38.9% | — | -4.2pp | — |
| Net Margin | -34.3% | -9.3% | — | -25.0pp | — |
| EPS (Diluted) | $-23.72 | $-7.43 | — | -219.2% | — |
| Free Cash Flow | -$1M | $3M | — | -140.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $765.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $5.0K |
| 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 | $2.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$24 |
| EPS Diluted | -$24 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $2.0K |
| Stock-Based Compensation | $1.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $315.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | $308.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $103.0K |
| NET CASH FROM FINANCING | $414.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $4M |
| Other Current Assets | $689.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $21.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $148.0K |
| TOTAL NON-CURRENT ASSETS | $169.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $5M |
| Short-Term Debt | $12M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $288.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $0 |
| Additional Paid-In Capital | $139M |
| Retained Earnings | -$270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $228.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$130M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$130M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $19M |
| Net Debt | $16M |
