| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $50.0K | — | 3310.0% |
| Op. Income | -$19M | — | -$24M | — | 20.3% |
| Gross Margin | 77.2% | — | 76.0% | — | 1.2pp |
| Net Margin | -1104.7% | — | -45744.0% | — | 44639.3pp |
| EPS (Diluted) | $-166.77 | — | $-239.02 | — | 30.2% |
| Free Cash Flow | -$15M | — | -$23M | — | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $388.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $10M |
| Selling & Marketing | $10M |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$19M |
| Interest Income | $357.0K |
| Interest Expense | $732.0K |
| Other Income/Expenses | $59.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $493.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$167 |
| EPS Diluted | -$167 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $493.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $47.0K |
| NET CASH FROM INVESTING | $37.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $335.0K |
| Long-Term Investments | $366.0K |
| Tax Assets | -$366.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $49M |
| Account Payables | $2M |
| Short-Term Debt | $9M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $794.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $703.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $357M |
| Retained Earnings | -$344M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $15M |
| Net Debt | -$6M |
