| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159.0K | $446.0K | $0 | -64.3% | — |
| Op. Income | -$12M | -$14M | -$15M | 19.1% | 20.8% |
| Gross Margin | -874.2% | -200.0% | — | -674.2pp | — |
| Net Margin | -7157.9% | -3642.8% | — | -3515.0pp | — |
| EPS (Diluted) | $-0.27 | $-48.31 | $-0.41 | 99.4% | 34.1% |
| Free Cash Flow | -$7M | -$7M | -$14M | 0.5% | 48.1% |
| Item | Amount |
|---|---|
| REVENUE | $159.0K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $505.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$12M |
| Interest Income | $136.0K |
| Interest Expense | $223.0K |
| Other Income/Expenses | $203.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $633.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $633.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $75.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $35.0K |
| Inventory | $42.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $42M |
| Account Payables | $637.0K |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $732.0K |
| TOTAL LIABILITIES | $27M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $127M |
| Retained Earnings | -$126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $13M |
| Net Debt | -$19M |
