| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9K | $0 | $2.7K | — | -28.8% |
| Op. Income | -$1M | -$2M | -$1M | 26.2% | -19.0% |
| Gross Margin | -291.0% | — | -168.2% | — | -122.8pp |
| Net Margin | -68826.4% | — | -45200.8% | — | -23625.6pp |
| EPS (Diluted) | $-16.47 | $-22.39 | $-37.27 | 26.4% | 55.8% |
| Free Cash Flow | -$1M | -$8M | -$966.3K | 87.7% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.9K |
| Cost of Revenue | $7.6K |
| GROSS PROFIT | -$5.7K |
| R&D Expenses | $643.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $660.4K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $32.8K |
| Other Income/Expenses | -$32.8K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $6.9K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $6.9K |
| Stock-Based Compensation | $1.5K |
| Deferred Income Tax | $230.9K |
| Other Non-Cash Items | -$230.9K |
| Change in Working Capital | $313.7K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.5K |
| Net Debt Issuance | -$121.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14 |
| NET CASH FROM FINANCING | -$121.5K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $676.9K |
| Other Current Assets | $40.4K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $609.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $609.9K |
| TOTAL ASSETS | $3M |
| Account Payables | $1M |
| Short-Term Debt | $130.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $170.1K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $203.6K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $8.3K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$257.9K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$257.9K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $2M |
| Net Debt | -$251.7K |
