| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $429.0K | $463.0K | — | -7.3% | — |
| Op. Income | -$7M | -$8M | — | 21.5% | — |
| Gross Margin | 57.8% | 58.7% | — | -0.9pp | — |
| Net Margin | -1512.6% | -1799.8% | — | 287.2pp | — |
| EPS (Diluted) | $-0.81 | $-1.07 | — | 24.3% | — |
| Free Cash Flow | -$2M | -$7M | — | 66.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $429.0K |
| Cost of Revenue | $181.0K |
| GROSS PROFIT | $248.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $77.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $14.0K |
| Other Income/Expenses | $24.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $198.0K |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $426.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $426.0K |
| Stock-Based Compensation | $608.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $113.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $231.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$30.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $441.0K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $811.0K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $82M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $310M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$272M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $82M |
| Total Debt | $3M |
| Net Debt | -$11M |
