| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 12.1% | 0.2% |
| Op. Income | -$662.0K | -$1M | -$2M | 52.8% | 66.1% |
| Gross Margin | 17.2% | 1.0% | 6.4% | 16.2pp | 10.8pp |
| Net Margin | -72.3% | -61.7% | -91.8% | -10.5pp | 19.5pp |
| EPS (Diluted) | $-19.70 | $-19.20 | $-45.50 | -2.6% | 56.7% |
| Free Cash Flow | -$1M | -$256.0K | -$118.0K | -362.5% | -903.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $512.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $381.0K |
| General & Administrative | $832.0K |
| SG&A Expenses | $1M |
| Other Expenses | -$39.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$662.0K |
| Interest Income | $0 |
| Interest Expense | $207.0K |
| Other Income/Expenses | -$1M |
| 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 | $305.0K |
| EBIT | -$701.0K |
| EBITDA | -$396.0K |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $305.0K |
| Stock-Based Compensation | $406.0K |
| Deferred Income Tax | -$406.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$824.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$126.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $29.0K |
| NET CASH FROM INVESTING | -$97.0K |
| Net Debt Issuance | $25.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $674.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$481.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $739.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $255.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $19M |
| Account Payables | $2M |
| Short-Term Debt | $578.0K |
| Deferred Revenue | $53.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $0 |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$81M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $13M |
| Net Debt | $13M |
