Q1 2023 Earnings

Reported September 30, 2022

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q1 2023	Q4 2022	Q1 2022	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$408.6K	-$1M	—	62.3%	—
EPS (Diluted)	$-0.01	$0.00	—	-Infinity%	—
Free Cash Flow	-$2M	-$2M	—	6.1%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$116.6K
Selling & Marketing	$0
General & Administrative	$240.8K
SG&A Expenses	$240.8K
Other Expenses	$51.2K
Operating Expenses	$408.6K
Cost & Expenses	$408.6K
OPERATING INCOME	-$408.6K
Interest Income	$443
Interest Expense	$0
Other Income/Expenses	-$740.1K
INCOME BEFORE TAX	-$1M
Income Tax Expense	$0
Net Income from Continuing Ops	-$1M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$1M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$1M
D&A	$164.5K
EBIT	-$408.6K
EBITDA	-$244.1K
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$1M
Depreciation & Amortization	$164.5K
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$0
Change in Working Capital	-$1M
OPERATING CASH FLOW	-$2M
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	-$521.5K
NET CASH FROM FINANCING	$490.1K
FREE CASH FLOW	-$2M
Net Change in Cash	-$1M