| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $5M | 6.0% | 60.6% |
| Op. Income | -$133.0K | -$1M | -$5M | 90.1% | 97.3% |
| Gross Margin | 74.3% | 73.2% | 74.1% | 1.1pp | 0.3pp |
| Net Margin | -2.8% | -21.2% | -97.5% | 18.5pp | 94.7pp |
| EPS (Diluted) | $-0.01 | $-0.05 | $-0.15 | 86.2% | 95.4% |
| Free Cash Flow | $842.0K | -$502.0K | -$2M | 267.7% | 137.9% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$133.0K |
| Interest Income | $175.0K |
| Interest Expense | $213.0K |
| Other Income/Expenses | -$38.0K |
| INCOME BEFORE TAX | -$171.0K |
| Income Tax Expense | $59.0K |
| Net Income from Continuing Ops | -$230.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$230.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$230.0K |
| D&A | $332.0K |
| EBIT | -$133.0K |
| EBITDA | $199.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$230.0K |
| Depreciation & Amortization | $332.0K |
| Stock-Based Compensation | $95.0K |
| Deferred Income Tax | $59.0K |
| Other Non-Cash Items | $965.0K |
| Change in Working Capital | $135.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$514.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$506.0K |
| Net Debt Issuance | -$56.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56.0K |
| FREE CASH FLOW | $842.0K |
| Net Change in Cash | $725.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $271.0K |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $60M |
| Account Payables | $493.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $365.0K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $0 |
| Net Debt | -$44M |
