| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $11M | — | -52.1% | — |
| Op. Income | $329.8K | $1M | — | -72.4% | — |
| Gross Margin | 21.6% | 15.0% | — | 6.5pp | — |
| Net Margin | 6.3% | 11.1% | — | -4.7pp | — |
| EPS (Diluted) | $2.85 | $11.40 | — | -75.0% | — |
| Free Cash Flow | -$450.4K | -$2M | — | 75.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $645 |
| General & Administrative | $576.1K |
| SG&A Expenses | $616.1K |
| Other Expenses | $166.4K |
| Operating Expenses | $782.5K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $329.8K |
| Interest Income | $0 |
| Interest Expense | $2.3K |
| Other Income/Expenses | -$2.6K |
| INCOME BEFORE TAX | $327.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $327.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $327.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $327.2K |
| D&A | $69.8K |
| EBIT | $501.0K |
| EBITDA | $570.8K |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $645 |
| General & Administrative | $576.1K |
| SG&A Expenses | $616.1K |
| Other Expenses | $166.4K |
| Operating Expenses | $782.5K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $329.8K |
| Interest Income | $0 |
| Interest Expense | $2.3K |
| Other Income/Expenses | -$2.6K |
| INCOME BEFORE TAX | $327.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $327.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $327.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $327.2K |
| D&A | $69.8K |
| EBIT | $501.0K |
| EBITDA | $570.8K |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $327.2K |
| Depreciation & Amortization | $69.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $815.8K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$450.2K |
| Capital Expenditure | -$220 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$187.0K |
| NET CASH FROM INVESTING | -$187.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $670.4K |
| NET CASH FROM FINANCING | $670.4K |
| FREE CASH FLOW | -$450.4K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $407.3K |
| Short-Term Investments | $0 |
| Net Receivables | $402.8K |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $22M |
| Account Payables | $388.1K |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $606 |
| Additional Paid-In Capital | $78M |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $3M |
| Net Debt | $3M |
