Reported December 30, 2022
| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $3M | — | 16.3% |
| Op. Income | -$1M | — | $71.2K | — | -1955.1% |
| Gross Margin | 12.7% | — | 11.6% | — | 1.1pp |
| Net Margin | -43.2% | — | 1.3% | — | -44.5pp |
| EPS (Diluted) | $-0.22 | — | $0.01 | — | -4560.0% |
| Free Cash Flow | -$824.9K | — | $353.1K | — | -333.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $379.6K |
| 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 | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $30.9K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $44.8K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $44.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $787.6K |
| Change in Working Capital | -$245.4K |
| OPERATING CASH FLOW | -$703.1K |
| Capital Expenditure | -$121.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.4K |
| NET CASH FROM INVESTING | -$125.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $123.4K |
| NET CASH FROM FINANCING | $123.4K |
| FREE CASH FLOW | -$824.9K |
| Net Change in Cash | -$227.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $302.3K |
| Inventory | $161.5K |
| Other Current Assets | -$30.4K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $314.5K |
| Goodwill | $0 |
| Intangible Assets | $100.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $415.0K |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $116 |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $143.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $179.9K |
| Net Debt | -$10M |