Q3 2023 Earnings

Reported September 30, 2023

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q3 2023	Q2 2023	Q3 2022	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$1M	-$833.9K	—	-72.9%	—
EPS (Diluted)	$-0.07	$-0.03	—	-165.6%	—
Free Cash Flow	-$163.2K	-$58.0K	—	-181.6%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$239.5K
Selling & Marketing	$0
General & Administrative	$1M
SG&A Expenses	$1M
Other Expenses	$0
Operating Expenses	$1M
Cost & Expenses	$1M
OPERATING INCOME	-$1M
Interest Income	$161
Interest Expense	$80.6K
Other Income/Expenses	-$332.1K
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	$0
EBIT	-$2M
EBITDA	-$2M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$2M
Depreciation & Amortization	$0
Stock-Based Compensation	$253.0K
Deferred Income Tax	$0
Other Non-Cash Items	$256.7K
Change in Working Capital	$1M
OPERATING CASH FLOW	-$163.2K
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	$195.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$195.0K
FREE CASH FLOW	-$163.2K
Net Change in Cash	$31.8K