Q2 2023 Earnings

Reported June 29, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2023	Q1 2023	Q2 2022	QoQ Change	YoY Change
Revenue	$70M	—	—	—	—
Op. Income	-$37M	—	—	—	—
Gross Margin	62.5%	—	—	—	—
Net Margin	-45.6%	—	—	—	—
EPS (Diluted)	$-0.41	—	—	—	—

Income Statement

Item	Amount
REVENUE	$70M
Cost of Revenue	$26M
GROSS PROFIT	$44M
R&D Expenses	$28M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$53M
Other Expenses	$0
Operating Expenses	$81M
Cost & Expenses	$107M
OPERATING INCOME	-$37M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	-$32M
Income Tax Expense	$0
Net Income from Continuing Ops	-$32M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$32M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$32M
D&A	$94.0K
EBIT	-$32M
EBITDA	-$32M
EPS	-$0
EPS Diluted	-$0