| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $3M | $3M | -60.0% | -62.3% |
| Op. Income | -$7M | -$6M | -$3M | -17.9% | -172.3% |
| Gross Margin | -68.5% | -4.0% | 15.0% | -64.5pp | -83.5pp |
| Net Margin | 1832.6% | -501.2% | -112.3% | 2333.8pp | 1944.9pp |
| EPS (Diluted) | $35.28 | $-6118832.88 | $-5.13 | 100.0% | 787.2% |
| Free Cash Flow | -$9M | -$10M | -$7M | 15.6% | -22.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$772.5K |
| R&D Expenses | $482.8K |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $53.2K |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $28M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $53.2K |
| EBIT | $22M |
| EBITDA | $22M |
| EPS | $37 |
| EPS Diluted | $35 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $53.2K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $621.4K |
| NET CASH FROM FINANCING | $621.4K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $13M |
| Other Current Assets | $304.0K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $129.4K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $49M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $404.4K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $4.8K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $19M |
| Net Debt | $15M |
