| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $334.0K | $468.0K | $17M | -28.6% | -98.0% |
| Op. Income | -$26M | -$21M | $13M | -22.6% | -299.0% |
| Gross Margin | 100.0% | -1917.7% | 43.0% | 2017.7pp | 57.0pp |
| Net Margin | -7126.3% | -3884.6% | 92.0% | -3241.7pp | -7218.3pp |
| EPS (Diluted) | $-0.62 | $-0.48 | $0.41 | -29.2% | -251.2% |
| Free Cash Flow | -$20M | -$6M | -$10M | -251.7% | -91.3% |
| Item | Amount |
|---|---|
| REVENUE | $334.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $334.0K |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $559.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$26M |
| Interest Income | $522.0K |
| Interest Expense | $14.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$70 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $1M |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $542.0K |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$63.0K |
| NET CASH FROM FINANCING | $28.0K |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $349.0K |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $185M |
| PP&E (Net) | $21M |
| Goodwill | $12M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $61M |
| TOTAL ASSETS | $246M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $386M |
| Retained Earnings | -$145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $253.0K |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $12M |
| Net Debt | -$161M |
