| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | 2.5% | 19.6% |
| Op. Income | -$1M | -$820.0K | $507.0K | -63.2% | -363.9% |
| Gross Margin | 49.9% | 61.6% | 91.9% | -11.7pp | -42.0pp |
| Net Margin | -16.8% | -10.2% | 10.3% | -6.6pp | -27.1pp |
| EPS (Diluted) | $-0.20 | $-0.12 | $0.10 | -66.7% | -300.0% |
| Free Cash Flow | $233.0K | -$537.0K | -$1M | 143.4% | 121.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $174.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$1M |
| Interest Income | $5M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$427.0K |
| Net Income from Continuing Ops | -$911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$911.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$911.0K |
| D&A | $122.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$911.0K |
| Depreciation & Amortization | $122.0K |
| Stock-Based Compensation | $198.0K |
| Deferred Income Tax | -$451.0K |
| Other Non-Cash Items | $344.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $307.0K |
| Capital Expenditure | -$74.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$980.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $233.0K |
| Net Change in Cash | $525.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $103M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $112M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $424M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $445M |
| TOTAL ASSETS | $557M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $412M |
| TOTAL CURRENT LIABILITIES | $412M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $490M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | $35M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $67M |
| Minority Interest | $0 |
| TOTAL EQUITY | $67M |
| TOTAL LIABILITIES & EQUITY | $557M |
| Total Debt | $45M |
| Net Debt | $38M |
