| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204.6K | $237.1K | $209.5K | -13.7% | -2.4% |
| Op. Income | -$945.5K | -$712.0K | -$2M | -32.8% | 57.3% |
| Gross Margin | 20.2% | 26.1% | 100.0% | -5.9pp | -79.8pp |
| Net Margin | -453.6% | -295.0% | -1057.7% | -158.6pp | 604.1pp |
| EPS (Diluted) | $-0.36 | $-0.28 | $-1.12 | -28.6% | 67.9% |
| Free Cash Flow | -$862.6K | -$1M | -$1M | 21.0% | 36.3% |
| Item | Amount |
|---|---|
| REVENUE | $204.6K |
| Cost of Revenue | $163.3K |
| GROSS PROFIT | $41.3K |
| R&D Expenses | $122.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $864.4K |
| Other Expenses | $0 |
| Operating Expenses | $986.8K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$945.5K |
| Interest Income | $18.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $17.5K |
| INCOME BEFORE TAX | -$928.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$928.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$928.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$928.0K |
| D&A | $163.3K |
| EBIT | -$928.0K |
| EBITDA | -$764.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$928.0K |
| Depreciation & Amortization | $163.3K |
| Stock-Based Compensation | $5.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $11.8K |
| OPERATING CASH FLOW | -$746.9K |
| Capital Expenditure | -$115.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$113.0K |
| NET CASH FROM INVESTING | -$115.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$862.6K |
| Net Change in Cash | -$862.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $43.8K |
| Inventory | $0 |
| Other Current Assets | $174.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $73.7K |
| Goodwill | $0 |
| Intangible Assets | $848.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $922.0K |
| TOTAL ASSETS | $7M |
| Account Payables | $94.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $106.0K |
| Other Current Liabilities | $29.5K |
| TOTAL CURRENT LIABILITIES | $311.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $311.2K |
| Common Stock | $255 |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $0 |
| Net Debt | -$6M |
