| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | — | -19.1% | — |
| Op. Income | -$4M | -$3M | — | -39.3% | — |
| Gross Margin | 42.8% | 42.1% | — | 0.7pp | — |
| Net Margin | -309.0% | -72.2% | — | -236.8pp | — |
| EPS (Diluted) | $-0.77 | $-0.17 | — | -352.9% | — |
| Free Cash Flow | -$5M | -$2M | — | -201.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$4M |
| Interest Income | $42.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$54.0K |
| 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 | $182.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $182.0K |
| Stock-Based Compensation | $279.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$113.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$818.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $220.0K |
| Other Current Assets | $594.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $975.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $975.0K |
| TOTAL ASSETS | $12M |
| Account Payables | $3M |
| Short-Term Debt | $632.0K |
| Deferred Revenue | $795.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $228.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | -$29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $2M |
| Net Debt | -$6M |
