| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $781.2K | $1M | $715.1K | -31.3% | 9.2% |
| Op. Income | -$2M | -$2M | -$3M | 11.6% | 39.1% |
| Gross Margin | 4.7% | 6.6% | 0.1% | -2.0pp | 4.6pp |
| Net Margin | -251.9% | -192.1% | -450.8% | -59.8pp | 198.9pp |
| EPS (Diluted) | $-2.80 | $-3.23 | $-6.17 | 13.3% | 54.6% |
| Free Cash Flow | -$2M | -$2M | -$3M | 10.0% | 36.5% |
| Item | Amount |
|---|---|
| REVENUE | $781.2K |
| Cost of Revenue | $744.5K |
| GROSS PROFIT | $36.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2M |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $7.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$21.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $38.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $38.8K |
| Stock-Based Compensation | -$62.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $151.7K |
| Change in Working Capital | $103.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$12.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12.7K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $421.6K |
| Inventory | $1M |
| Other Current Assets | $301.4K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $922.0K |
| Goodwill | $0 |
| Intangible Assets | $125.0K |
| Long-Term Investments | $166.1K |
| Tax Assets | $0 |
| Other Non-Current Assets | $87.2K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $8M |
| Account Payables | $210.2K |
| Short-Term Debt | $8.7K |
| Deferred Revenue | $322.3K |
| Other Current Liabilities | $73.2K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $7 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81.1K |
| TOTAL NON-CURRENT LIABILITIES | $230.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $8 |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $156.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $565.1K |
| Net Debt | -$4M |
