| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $11M | — | -5.0% | — |
| Op. Income | -$522.0K | -$844.1K | — | 38.1% | — |
| Gross Margin | 18.0% | 14.2% | — | 3.8pp | — |
| Net Margin | -5.3% | -8.2% | — | 2.9pp | — |
| EPS (Diluted) | $-0.53 | $-0.87 | — | 38.5% | — |
| Free Cash Flow | $565.5K | $73.9K | — | 665.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $711.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $292 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$522.0K |
| Interest Income | $10.5K |
| Interest Expense | $25.5K |
| Other Income/Expenses | $681.5K |
| INCOME BEFORE TAX | $159.4K |
| Income Tax Expense | $25.8K |
| Net Income from Continuing Ops | $133.7K |
| Net Income from Discontinued Ops | -$670.4K |
| Other Adjustments | $0 |
| NET INCOME | -$536.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$536.7K |
| D&A | $78.8K |
| EBIT | -$511.3K |
| EBITDA | -$432.5K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$536.7K |
| Depreciation & Amortization | $78.8K |
| Stock-Based Compensation | $16.8K |
| Deferred Income Tax | $55.7K |
| Other Non-Cash Items | -$79.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $612.2K |
| Capital Expenditure | -$46.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46.7K |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | $565.5K |
| Net Change in Cash | $465.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $2M |
| Other Current Assets | $690.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $3M |
| Goodwill | $2M |
| Intangible Assets | $946.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $68.7K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $19M |
| Account Payables | $684.6K |
| Short-Term Debt | $406.2K |
| Deferred Revenue | $264.7K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $100.6K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $5M |
| Net Debt | $2M |
