| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341.0K | $457.0K | $137.0K | -25.4% | 148.9% |
| Op. Income | -$48M | -$52M | -$39M | 7.9% | -23.9% |
| Gross Margin | -50.1% | 94.3% | 92.0% | -144.5pp | -142.1pp |
| Net Margin | -14805.3% | -11710.1% | -30514.6% | -3095.2pp | 15709.3pp |
| EPS (Diluted) | $-27.60 | $-29.34 | $-23.87 | 5.9% | -15.6% |
| Free Cash Flow | -$38M | -$38M | -$31M | 1.7% | -20.5% |
| Item | Amount |
|---|---|
| REVENUE | $341.0K |
| Cost of Revenue | $512.0K |
| GROSS PROFIT | -$171.0K |
| R&D Expenses | $20M |
| Selling & Marketing | $5M |
| General & Administrative | $20M |
| SG&A Expenses | $24M |
| Other Expenses | $4M |
| Operating Expenses | $48M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$48M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $79.0K |
| EBIT | -$47M |
| EBITDA | -$47M |
| EPS | -$28 |
| EPS Diluted | -$28 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $79.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $862.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$38M |
| 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 | $0 |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $735.0K |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $87.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $100M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $735.0K |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $141M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $528M |
| Retained Earnings | -$568M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$41M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$41M |
| TOTAL LIABILITIES & EQUITY | $100M |
| Total Debt | $100M |
| Net Debt | $10M |
