| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $1M | 12.6% | 14.0% |
| Op. Income | -$4M | -$5M | -$5M | 17.3% | 26.8% |
| Gross Margin | 41.8% | 24.6% | 33.4% | 17.2pp | 8.4pp |
| Net Margin | -254.8% | -363.8% | -285.3% | 109.1pp | 30.6pp |
| EPS (Diluted) | $-2.29 | $-2.92 | $-2.94 | 21.7% | 22.1% |
| Free Cash Flow | -$3M | -$4M | -$4M | 34.7% | 18.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $908.6K |
| GROSS PROFIT | $653.8K |
| R&D Expenses | $43.7K |
| Selling & Marketing | $469.2K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $22.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $9.7K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $107.3K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $107.3K |
| Stock-Based Compensation | $576.5K |
| Deferred Income Tax | $82.4K |
| Other Non-Cash Items | $965 |
| Change in Working Capital | $497.9K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$201.5K |
| Acquisitions (Net) | $878 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9.9K |
| NET CASH FROM INVESTING | -$190.8K |
| Net Debt Issuance | -$151.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$209.5K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $838.4K |
| Inventory | $1M |
| Other Current Assets | $270.6K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $111.7K |
| Long-Term Investments | $151.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $750.7K |
| Short-Term Debt | $62.4K |
| Deferred Revenue | $76.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60.0K |
| TOTAL NON-CURRENT LIABILITIES | $442.9K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $70M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $712.8K |
| Net Debt | -$1M |
