| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $1M | 4.7% | 322.1% |
| Op. Income | -$6M | -$5M | -$10M | -36.4% | 38.0% |
| Gross Margin | 21.2% | 21.6% | 37.4% | -0.5pp | -16.2pp |
| Net Margin | -110.2% | -88.3% | -1513.5% | -21.9pp | 1403.3pp |
| EPS (Diluted) | $-5.00 | $-4.40 | $-21.40 | -13.6% | 76.6% |
| Free Cash Flow | -$4M | -$2M | -$5M | -113.4% | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $1M |
| R&D Expenses | $362.0K |
| Selling & Marketing | $217.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | $90.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $2M |
| EBIT | -$6M |
| EBITDA | -$4M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $807.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $107.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $613.0K |
| Short-Term Investments | $0 |
| Net Receivables | $164.0K |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $59M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $154.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $473M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$439M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | -$230.0K |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $0 |
| Net Debt | -$613.0K |
