| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0K | $83.0K | $95.0K | -95.2% | -95.8% |
| Op. Income | -$2M | -$2M | -$3M | -29.8% | 22.0% |
| Gross Margin | -575.0% | 53.0% | 49.5% | -628.0pp | -624.5pp |
| Net Margin | -8450.0% | -1910.8% | -2776.8% | -6539.2pp | -5673.2pp |
| EPS (Diluted) | $-0.00 | $-2.11 | $-0.00 | 100.0% | 25.0% |
| Free Cash Flow | -$2M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4.0K |
| Cost of Revenue | $27.0K |
| GROSS PROFIT | -$23.0K |
| R&D Expenses | $424.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $11.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$338.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$338.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$338.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$338.0K |
| D&A | $27.0K |
| EBIT | -$327.0K |
| EBITDA | -$300.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$338.0K |
| Depreciation & Amortization | $27.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$202.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $228.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $228.0K |
| Net Debt Issuance | $500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $264.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $100.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $100.0K |
| TOTAL ASSETS | $10M |
| Account Payables | $407.0K |
| Short-Term Debt | $597.0K |
| Deferred Revenue | $12.0K |
| Other Current Liabilities | $850.0K |
| 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 | $15.0K |
| Additional Paid-In Capital | $398M |
| Retained Earnings | -$390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $597.0K |
| Net Debt | -$8M |
