| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141.0K | $108.0K | $93.0K | 30.6% | 51.6% |
| Op. Income | -$11M | -$12M | -$9M | 11.4% | -20.3% |
| Gross Margin | 24.1% | 100.0% | 100.0% | -75.9pp | -75.9pp |
| Net Margin | -6901.4% | -10324.1% | -9216.1% | 3422.7pp | 2314.7pp |
| EPS (Diluted) | $-0.22 | $-0.25 | $-0.19 | 12.0% | -15.8% |
| Free Cash Flow | -$8M | -$7M | -$8M | -12.0% | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $141.0K |
| Cost of Revenue | $107.0K |
| GROSS PROFIT | $34.0K |
| R&D Expenses | $8M |
| Selling & Marketing | $536.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$107.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$11M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $107.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $107.0K |
| Stock-Based Compensation | $955.0K |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$315.0K |
| Acquisitions (Net) | $315.0K |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$315.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $66M |
| Net Receivables | $198.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $88M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | -$330M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$407.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $2M |
| Net Debt | -$13M |
