| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263.0K | $38.0K | $561.0K | 592.1% | -53.1% |
| Op. Income | -$3M | -$3M | -$2M | -1.8% | -24.5% |
| Gross Margin | 41.1% | 15.8% | 21.4% | 25.3pp | 19.7pp |
| Net Margin | -919.4% | -6657.9% | -388.6% | 5738.5pp | -530.8pp |
| EPS (Diluted) | $-1.19 | $-1.57 | $-1.38 | 24.2% | 13.8% |
| Free Cash Flow | -$2M | -$3M | -$1M | 24.7% | -43.3% |
| Item | Amount |
|---|---|
| REVENUE | $263.0K |
| Cost of Revenue | $155.0K |
| GROSS PROFIT | $108.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $396.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $110.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $110.0K |
| Stock-Based Compensation | $404.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.0K |
| Change in Working Capital | $86.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$286.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$245.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$531.0K |
| Net Debt Issuance | -$39.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $31M |
| Net Receivables | $116.0K |
| Inventory | $1M |
| Other Current Assets | $979.0K |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $51M |
| Account Payables | $301.0K |
| Short-Term Debt | $291.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $965.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $356.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $191M |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $647.0K |
| Net Debt | -$15M |
