| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $11M | 0.0% | -44.2% |
| Op. Income | -$292.0K | -$361.0K | -$406.0K | 19.1% | 28.1% |
| Net Margin | 18.4% | 28.3% | 14.2% | -9.9pp | 4.2pp |
| EPS (Diluted) | $0.11 | $0.14 | $0.10 | -21.4% | 11.1% |
| Free Cash Flow | -$261.6K | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $0 |
| R&D Expenses | $399.3K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $291.7K |
| Other Expenses | $0 |
| Operating Expenses | $291.7K |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$292.0K |
| Interest Income | $863.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $30.2K |
| OPERATING CASH FLOW | -$261.5K |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$450.0K |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $77M |
| Net Debt Issuance | $300.0K |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | -$261.6K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $523.1K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $558.1K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $60M |
| Account Payables | $0 |
| Short-Term Debt | $300.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $574.6K |
| TOTAL CURRENT LIABILITIES | $874.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $418.4K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $60M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $0 |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $300.0K |
| Net Debt | -$223.1K |
