| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $989.0K | — | 253.6% | — |
| Op. Income | -$12M | -$18M | — | 33.2% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -322.7% | -1690.3% | — | 1367.6pp | — |
| EPS (Diluted) | $-0.90 | $-0.95 | — | 5.3% | — |
| Free Cash Flow | -$12M | -$16M | — | 23.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $509.0K |
| Other Income/Expenses | $540.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $538.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $538.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$581.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10.0K |
| NET CASH FROM FINANCING | $10.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$33M |
