| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $33M | $23M | 2.4% | 50.1% |
| Op. Income | $2M | $2M | -$94.0K | -25.9% | 1955.3% |
| Gross Margin | 70.6% | 70.1% | 70.6% | 0.5pp | 0.1pp |
| Net Margin | -12.8% | -12.6% | -28.3% | -0.2pp | 15.5pp |
| EPS (Diluted) | $-0.13 | $-0.14 | $-0.24 | 7.1% | 45.8% |
| Free Cash Flow | -$21M | $3M | -$1M | -743.3% | -1342.8% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $21M |
| Operating Expenses | $22M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $2M |
| NET INCOME | -$4M |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $288.0K |
| Other Non-Cash Items | -$342.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $52M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $8M |
| Net Receivables | $19M |
| Inventory | $9M |
| Other Current Assets | $118.0K |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $13M |
| Goodwill | $332.0K |
| Intangible Assets | $163M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $176M |
| TOTAL ASSETS | $286M |
| Account Payables | $6M |
| Short-Term Debt | $785.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $192M |
| TOTAL LIABILITIES | $211M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $200M |
| Retained Earnings | -$125M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | -$355.0K |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $286M |
| Total Debt | $190M |
| Net Debt | $124M |
