| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463.0K | $297.0K | — | 55.9% | — |
| Op. Income | -$8M | $6M | — | -241.8% | — |
| Gross Margin | 58.7% | 3.4% | — | 55.4pp | — |
| Net Margin | -1799.8% | 1021.2% | — | -2821.0pp | — |
| EPS (Diluted) | $-1.07 | $0.40 | — | -367.5% | — |
| Free Cash Flow | -$7M | -$8M | — | 17.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $463.0K |
| Cost of Revenue | $191.0K |
| GROSS PROFIT | $272.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $81.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $14.0K |
| Other Income/Expenses | -$39.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $457.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $457.0K |
| Stock-Based Compensation | $834.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $123.0K |
| Net Debt Issuance | -$29.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $530.0K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $57M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $329.0K |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $88M |
| Account Payables | $875.0K |
| Short-Term Debt | $737.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $310M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $3M |
| Net Debt | -$14M |
