| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $14M | — | -29.2% | — |
| Op. Income | $8M | $12M | — | -35.6% | — |
| Gross Margin | 88.7% | 89.1% | — | -0.5pp | — |
| Net Margin | 42.2% | 55.2% | — | -13.0pp | — |
| EPS (Diluted) | $0.12 | $0.22 | — | -45.5% | — |
| Free Cash Flow | -$10M | $9M | — | -210.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $356.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $375.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $356.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $375.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $356.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$300.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $945.0K |
| Short-Term Investments | $369.0K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $123.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $191M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $206.0K |
| TOTAL NON-CURRENT ASSETS | $191M |
| TOTAL ASSETS | $197M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $296M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $19M |
| Net Debt | $18M |
