| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | 0.3% | 8.9% |
| Op. Income | -$9M | -$6M | -$5M | -57.3% | -74.4% |
| Gross Margin | 54.9% | 57.3% | 54.9% | -2.4pp | -0.1pp |
| Net Margin | -140.2% | -112.1% | -114.9% | -28.1pp | -25.3pp |
| EPS (Diluted) | $-0.15 | $-0.12 | $-2.46 | -25.0% | 93.9% |
| Free Cash Flow | -$5M | -$6M | -$3M | 18.0% | -90.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$9M |
| Interest Income | $677.0K |
| Interest Expense | $64.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $719.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $719.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $58.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$292.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$86.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32.0K |
| NET CASH FROM FINANCING | -$54.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $50M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $2M |
| Goodwill | $16M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $618.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $92M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $0 |
| Additional Paid-In Capital | $255M |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $92M |
| Total Debt | $845.0K |
| Net Debt | -$4M |
