Q2 2023 Earnings

Reported June 29, 2023

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2023	Q1 2023	Q2 2022	QoQ Change	YoY Change
Revenue	$0	—	—	—	—
Op. Income	-$8M	—	—	—	—
EPS (Diluted)	$-0.23	—	—	—	—
Free Cash Flow	-$7M	—	—	—	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$39.0K
GROSS PROFIT	-$39.0K
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1M
Other Expenses	$0
Operating Expenses	$8M
Cost & Expenses	$8M
OPERATING INCOME	-$8M
Interest Income	$399.0K
Interest Expense	$0
Other Income/Expenses	$399.0K
INCOME BEFORE TAX	-$8M
Income Tax Expense	$0
Net Income from Continuing Ops	-$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$8M
D&A	$39.0K
EBIT	-$8M
EBITDA	-$8M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$8M
Depreciation & Amortization	$39.0K
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$86.0K
Change in Working Capital	$102.0K
OPERATING CASH FLOW	-$7M
Capital Expenditure	-$31.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$20M
Other Investing Activities	$0
NET CASH FROM INVESTING	$20M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$634.0K
FREE CASH FLOW	-$7M
Net Change in Cash	$0