| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | — | $69M | — | -62.3% |
| Op. Income | -$4M | — | $2M | — | -290.8% |
| Gross Margin | -0.4% | — | 6.8% | — | -7.2pp |
| Net Margin | -14.0% | — | 2.2% | — | -16.3pp |
| EPS (Diluted) | $-0.17 | — | $0.07 | — | -334.9% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$93.0K |
| R&D Expenses | $268.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $63.8K |
| Other Income/Expenses | -$432.3K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $5.5K |
| Net Income from Continuing Ops | -$552.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $52.2K |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$500.7K |
| D&A | $129.2K |
| EBIT | -$543.3K |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $278.1K |
| Long-Term Investments | $286.9K |
| Tax Assets | $3.2K |
| Other Non-Current Assets | $73.3K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $18M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $228.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $599.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $166.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | -$716.6K |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $6M |
| Net Debt | $4M |
