| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156.1K | $101.7K | $349.3K | 53.5% | -55.3% |
| Op. Income | -$288.9K | -$491.9K | -$39.0K | 41.3% | -641.6% |
| Gross Margin | 38.8% | -16.5% | 33.5% | 55.3pp | 5.3pp |
| Net Margin | -196.9% | -462.7% | -32.1% | 265.8pp | -164.8pp |
| EPS (Diluted) | $-0.00 | $-0.00 | $-0.00 | 31.6% | -160.0% |
| Free Cash Flow | -$310.1K | -$611.9K | -$112.7K | 49.3% | -175.2% |
| Item | Amount |
|---|---|
| REVENUE | $156.1K |
| Cost of Revenue | $95.5K |
| GROSS PROFIT | $60.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $130.4K |
| General & Administrative | $143.7K |
| SG&A Expenses | $274.1K |
| Other Expenses | $75.5K |
| Operating Expenses | $349.6K |
| Cost & Expenses | $445.0K |
| OPERATING INCOME | -$288.9K |
| Interest Income | $3.8K |
| Interest Expense | $22.2K |
| Other Income/Expenses | -$18.5K |
| INCOME BEFORE TAX | -$307.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$307.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$307.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$307.4K |
| D&A | $88.2K |
| EBIT | -$285.2K |
| EBITDA | -$197.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$307.4K |
| Depreciation & Amortization | $88.2K |
| Stock-Based Compensation | $49.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.5K |
| Change in Working Capital | $332.7K |
| OPERATING CASH FLOW | $159.7K |
| Capital Expenditure | -$469.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$469.8K |
| Net Debt Issuance | $400.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $400.0K |
| FREE CASH FLOW | -$310.1K |
| Net Change in Cash | $89.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402.4K |
| Short-Term Investments | $0 |
| Net Receivables | $374.4K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $781.9K |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $36.1K |
| Long-Term Investments | $987.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $8M |
| Account Payables | $43.6K |
| Short-Term Debt | $800.0K |
| Deferred Revenue | $79.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $949.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $437.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $437.2K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $4.9K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $800.0K |
| Net Debt | $397.6K |
