| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $25M | — | -83.7% |
| Op. Income | -$13M | — | -$10M | — | -22.2% |
| Gross Margin | 24.3% | — | 56.8% | — | -32.5pp |
| Net Margin | -191.3% | — | -40.2% | — | -151.1pp |
| EPS (Diluted) | $-1.25 | — | $-1.61 | — | 22.4% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $992.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $745.4K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$13M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $3.3K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $5M |
| EBIT | -$13M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $249M |
| Short-Term Investments | $869.8K |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $39M |
| Goodwill | $2M |
| Intangible Assets | $8M |
| Long-Term Investments | $21M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $904.4K |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $326M |
| Account Payables | $629.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $24.2K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | -$86M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $309M |
| Minority Interest | $2M |
| TOTAL EQUITY | $311M |
| TOTAL LIABILITIES & EQUITY | $326M |
| Total Debt | $6M |
| Net Debt | -$243M |
