| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $68.0K | 52.0% | 2988.2% |
| Op. Income | -$11M | -$14M | -$11M | 15.5% | -3.5% |
| Gross Margin | -327.3% | 100.0% | -11033.8% | -427.3pp | 10706.5pp |
| Net Margin | -524.0% | -954.1% | -16110.3% | 430.0pp | 15586.2pp |
| EPS (Diluted) | $-0.24 | $-0.29 | $-0.31 | 17.2% | 22.6% |
| Free Cash Flow | -$8M | -$10M | -$7M | 24.8% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $10M |
| Selling & Marketing | $900.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | -$10M |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$11M |
| Interest Income | $700.0K |
| Interest Expense | $286.0K |
| Other Income/Expenses | $414.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $130.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $856.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31.0K |
| Change in Working Capital | $246.0K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $150.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $69M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | -$288M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $16M |
| Net Debt | -$38M |
