| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -6.4% | 5.5% |
| Op. Income | -$389.4K | -$277.7K | -$1M | -40.2% | 63.3% |
| Gross Margin | 70.1% | 73.8% | 70.4% | -3.7pp | -0.3pp |
| Net Margin | -6.6% | 4.6% | -40.0% | -11.1pp | 33.5pp |
| EPS (Diluted) | $-0.02 | $0.01 | $-0.11 | -234.0% | 82.1% |
| Free Cash Flow | $16.1K | -$193.8K | -$979.8K | 108.3% | 101.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $826.7K |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $210.6K |
| General & Administrative | $926.7K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$389.4K |
| Interest Income | $169.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $169.9K |
| INCOME BEFORE TAX | -$219.5K |
| Income Tax Expense | -$37.9K |
| Net Income from Continuing Ops | -$181.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$181.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$181.6K |
| D&A | $226.2K |
| EBIT | -$389.4K |
| EBITDA | -$163.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$181.6K |
| Depreciation & Amortization | $226.2K |
| Stock-Based Compensation | $57.4K |
| Deferred Income Tax | -$34.0K |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | -$61.9K |
| OPERATING CASH FLOW | $16.1K |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $16.1K |
| Net Change in Cash | $16.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $257.4K |
| Inventory | $0 |
| Other Current Assets | $822.6K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $97.7K |
| Goodwill | $6M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $24M |
| Account Payables | $680.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $698.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $719.5K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $9.9K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$15M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $97.7K |
| Net Debt | -$14M |
