| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 0.3% | -0.6% |
| Op. Income | -$662.0K | -$362.0K | -$606.0K | -82.9% | -9.2% |
| Gross Margin | 69.2% | 68.7% | 67.6% | 0.5pp | 1.6pp |
| Net Margin | -12.5% | -2.0% | 8.4% | -10.5pp | -20.9pp |
| EPS (Diluted) | $-0.05 | $-0.01 | $0.03 | -536.4% | -246.3% |
| Free Cash Flow | $603.0K | -$88.0K | -$974.0K | 785.2% | 161.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $926.0K |
| Selling & Marketing | $1M |
| General & Administrative | $756.0K |
| SG&A Expenses | $2M |
| Other Expenses | $426.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$662.0K |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | $161.0K |
| INCOME BEFORE TAX | -$501.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | -$511.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$511.0K |
| Net Income Deductions | $3.0K |
| BOTTOM LINE NET INCOME | -$514.0K |
| D&A | $389.0K |
| EBIT | -$491.0K |
| EBITDA | -$102.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$511.0K |
| Depreciation & Amortization | $389.0K |
| Stock-Based Compensation | $84.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$171.0K |
| Change in Working Capital | $822.0K |
| OPERATING CASH FLOW | $613.0K |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10.0K |
| Net Debt Issuance | -$283.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$283.0K |
| FREE CASH FLOW | $603.0K |
| Net Change in Cash | $311.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $463.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $703.0K |
| Goodwill | $16M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $106.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $27M |
| Account Payables | $1M |
| Short-Term Debt | $396.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $437.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $552.0K |
| Deferred Revenue NC | $348.0K |
| Deferred Tax Liabilities | -$348.0K |
| Other Non-Current Liabilities | $953.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | -$81M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$286.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $1M |
| Net Debt | -$1M |
