| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143.0K | $256.0K | $196.0K | -44.1% | -27.0% |
| Op. Income | -$3M | -$3M | -$5M | 2.1% | 35.0% |
| Gross Margin | -30.8% | 13.3% | 48.5% | -44.1pp | -79.2pp |
| Net Margin | -2561.5% | -643.8% | -525.5% | -1917.8pp | -2036.0pp |
| EPS (Diluted) | $-2.74 | $-1.46 | $-3.01 | -87.7% | 9.0% |
| Free Cash Flow | -$2M | -$3M | -$4M | 10.3% | 35.8% |
| Item | Amount |
|---|---|
| REVENUE | $143.0K |
| Cost of Revenue | $187.0K |
| GROSS PROFIT | -$44.0K |
| R&D Expenses | $722.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $68.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$510.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $42.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $55.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $24.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $455.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $566.0K |
| Inventory | $521.0K |
| Other Current Assets | $893.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $247.0K |
| Goodwill | $0 |
| Intangible Assets | $31.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $278.0K |
| TOTAL ASSETS | $9M |
| Account Payables | $497.0K |
| Short-Term Debt | $47.0K |
| Deferred Revenue | $42.0K |
| Other Current Liabilities | $247.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $136.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $162M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$459.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $70.0K |
| Net Debt | -$7M |
