| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $15M | -49.3% | -89.5% |
| Op. Income | -$14M | -$4M | -$4M | -226.1% | -220.5% |
| Gross Margin | -14.2% | -4.3% | 61.0% | -9.9pp | -75.3pp |
| Net Margin | -693.2% | 1895.3% | -58.1% | -2588.5pp | -635.1pp |
| EPS (Diluted) | $-0.05 | $0.26 | $-0.04 | -118.8% | -41.7% |
| Free Cash Flow | -$6M | $7M | $0 | -189.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$230.7K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$14M |
| Interest Income | $993.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $0 |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $195.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $732M |
| Short-Term Investments | $552M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $313M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $171M |
| Goodwill | $0 |
| Intangible Assets | $504.4K |
| Long-Term Investments | $50M |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $288M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.4K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $383.7K |
| TOTAL LIABILITIES | $82M |
| Common Stock | $25.7K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1M |
| Net Debt | -$731M |
