| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $14M | $13M | -10.6% | -3.2% |
| Op. Income | -$2M | $7.0K | $830.0K | -35214.3% | -396.1% |
| Gross Margin | 39.7% | 47.9% | 51.4% | -8.2pp | -11.7pp |
| Net Margin | -19.1% | -0.1% | 6.0% | -19.0pp | -25.1pp |
| EPS (Diluted) | $-0.18 | $-0.00 | $0.05 | -14900.0% | -429.1% |
| Free Cash Flow | $819.0K | $3M | $4M | -69.5% | -78.7% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $36.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $17.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $850.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $575.0K |
| Stock-Based Compensation | $331.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $228.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$754.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$754.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $819.0K |
| Net Change in Cash | $819.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $661.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $15M |
| Goodwill | $335.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $36M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $144.0K |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $588.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $9M |
| Net Debt | -$3M |
