| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $2M | -24.1% | 66.1% |
| Op. Income | -$92.0K | $406.0K | -$190.0K | -122.7% | 51.6% |
| Gross Margin | 47.4% | 50.9% | 47.1% | -3.5pp | 0.3pp |
| Net Margin | -4.1% | 9.4% | 0.3% | -13.5pp | -4.4pp |
| EPS (Diluted) | $-0.01 | $0.04 | $0.00 | -133.0% | -1511.1% |
| Free Cash Flow | $388.0K | $353.0K | -$413.0K | 9.9% | 193.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $588.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $963.0K |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$92.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $26.0K |
| INCOME BEFORE TAX | -$66.0K |
| Income Tax Expense | $59.0K |
| Net Income from Continuing Ops | -$125.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$125.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$225.0K |
| D&A | $84.0K |
| EBIT | -$92.0K |
| EBITDA | -$8.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$125.0K |
| Depreciation & Amortization | $77.0K |
| Stock-Based Compensation | $15.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6.0K |
| Change in Working Capital | $427.0K |
| OPERATING CASH FLOW | $400.0K |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$173.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$273.0K |
| FREE CASH FLOW | $388.0K |
| Net Change in Cash | $101.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $226.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $486.0K |
| Goodwill | $4M |
| Intangible Assets | $289.0K |
| Long-Term Investments | $0 |
| Tax Assets | $128.0K |
| Other Non-Current Assets | $69.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $15M |
| Account Payables | $909.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $172.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $54.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $195.0K |
| Net Debt | -$5M |
