| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $5M | 3.3% | -27.1% |
| Op. Income | -$445.0K | -$1M | $396.8K | 67.0% | -212.1% |
| Gross Margin | 38.6% | 34.4% | 42.4% | 4.2pp | -3.8pp |
| Net Margin | -6.6% | -35.1% | 8.7% | 28.4pp | -15.3pp |
| EPS (Diluted) | $-0.03 | $-0.12 | $0.04 | 78.9% | -162.0% |
| Free Cash Flow | $60.4K | -$1M | -$315.1K | 105.1% | 119.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$445.0K |
| Interest Income | $189.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $189.6K |
| INCOME BEFORE TAX | -$255.4K |
| Income Tax Expense | -$30.9K |
| Net Income from Continuing Ops | -$224.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$224.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$224.5K |
| D&A | $45.8K |
| EBIT | -$323.9K |
| EBITDA | -$278.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$224.5K |
| Depreciation & Amortization | $45.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $128.6K |
| Change in Working Capital | $128.3K |
| OPERATING CASH FLOW | $78.1K |
| Capital Expenditure | -$17.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $48.4K |
| FREE CASH FLOW | $60.4K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $12M |
| Net Receivables | $1M |
| Inventory | $7M |
| Other Current Assets | $394.2K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $39M |
| Account Payables | $353.3K |
| Short-Term Debt | $233.2K |
| Deferred Revenue | $379.1K |
| Other Current Liabilities | $870.8K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $125.7K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $46.1K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $3M |
| Net Debt | $159.7K |
