| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $3M | — | -46.0% |
| Op. Income | -$742.0K | — | -$737.0K | — | -0.7% |
| Gross Margin | 24.9% | — | 31.5% | — | -6.7pp |
| Net Margin | -49.1% | — | -26.3% | — | -22.8pp |
| EPS (Diluted) | $-0.06 | — | $-0.06 | — | 0.0% |
| Free Cash Flow | -$825.0K | — | -$790.3K | — | -4.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $376.0K |
| R&D Expenses | $35.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$742.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$742.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$742.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$742.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$742.0K |
| D&A | $103.0K |
| EBIT | -$742.0K |
| EBITDA | -$639.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$737.0K |
| Depreciation & Amortization | $98.0K |
| Stock-Based Compensation | -$75.0K |
| Deferred Income Tax | -$483.0K |
| Other Non-Cash Items | $483.0K |
| Change in Working Capital | -$129.0K |
| OPERATING CASH FLOW | -$825.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18.0K |
| FREE CASH FLOW | -$825.0K |
| Net Change in Cash | -$825.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $952.0K |
| Short-Term Investments | $0 |
| Net Receivables | $470.0K |
| Inventory | $970.0K |
| Other Current Assets | $99.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $627.0K |
| Goodwill | $0 |
| Intangible Assets | $275.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0K |
| TOTAL NON-CURRENT ASSETS | $909.0K |
| TOTAL ASSETS | $3M |
| Account Payables | $775.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $839.0K |
| 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 | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $0 |
| Additional Paid-In Capital | $61M |
| Retained Earnings | -$60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$952.0K |
