| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | 5.6% | -1.3% |
| Op. Income | -$6M | -$8M | -$5M | 21.7% | -16.8% |
| Gross Margin | 57.3% | 58.3% | 59.6% | -1.0pp | -2.3pp |
| Net Margin | -112.1% | -1021.9% | -115.9% | 909.8pp | 3.8pp |
| EPS (Diluted) | $-0.12 | $-1.36 | $-2.73 | 91.2% | 95.6% |
| Free Cash Flow | -$6M | -$12M | -$4M | 47.9% | -74.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$6M |
| Interest Income | $838.0K |
| Interest Expense | $90.0K |
| Other Income/Expenses | $195.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $719.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $719.0K |
| Stock-Based Compensation | $546.0K |
| Deferred Income Tax | $615.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $31M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $106.0K |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$147.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$147.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $52M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $2M |
| Goodwill | $16M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $626.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $97M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $0 |
| Additional Paid-In Capital | $251M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $97M |
| Total Debt | $870.0K |
| Net Debt | -$8M |
