### Financial Metrics Analysis
- Revenue: $49.53 million, down 12.59% YoY but up sequentially by 7.9% from Q3.
- Gross Profit: $5.20 million, with a gross profit margin of 10.5%; this reflects a significant margin erosion YoY (-26.59%), although sequential margin improvement reflects management strategies.
- Net Loss: $4.87 million or $0.39 per diluted share compared to a loss of $6 million in Q4 2022 (improved performance).
- Operating Income: Loss of $4.04 million, improved sequentially from losses experienced in earlier quarters.
- Operating Cash Flow: Negative $2.25 million, a decline from the previous year but reflects improved inventory management.
- Total Assets: $132.05 million, with total liabilities at $55.92 million, showcasing a solid balance sheet with no debt outstanding.