| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $8M | -25.0% | -85.5% |
| Op. Income | -$2M | -$2M | -$107.5K | 0.9% | -1436.0% |
| Gross Margin | 10.8% | 23.7% | 21.8% | -12.9pp | -11.0pp |
| Net Margin | -148.4% | -109.7% | -1.4% | -38.7pp | -147.1pp |
| EPS (Diluted) | $-0.12 | $-0.12 | $-0.01 | 0.0% | -1381.5% |
| Free Cash Flow | -$2M | -$1M | $2M | -39.8% | -174.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $991.2K |
| GROSS PROFIT | $120.3K |
| R&D Expenses | $392.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $36.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $36.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $34.8K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $141 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $85.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $85.8K |
| Stock-Based Compensation | $384.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$471.1K |
| Change in Working Capital | -$73.4K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $250 |
| NET CASH FROM FINANCING | $25.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $754.6K |
| Inventory | $2M |
| Other Current Assets | $318.4K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $154.6K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $78.6K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $8M |
| Account Payables | $387.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $138.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $828.9K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $1M |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$110.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $1M |
| Net Debt | -$2M |
