| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80.0K | $32.0K | — | 150.0% | — |
| Op. Income | $10M | -$12M | — | 182.3% | — |
| Gross Margin | -256.3% | -553.1% | — | 296.9pp | — |
| Net Margin | -12505.0% | -41068.8% | — | 28563.8pp | — |
| EPS (Diluted) | $-0.65 | $-0.94 | — | 30.9% | — |
| Free Cash Flow | -$5M | -$3M | — | -52.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $80.0K |
| Cost of Revenue | $285.0K |
| GROSS PROFIT | -$205.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$19M |
| Operating Expenses | -$10M |
| Cost & Expenses | -$10M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $309.0K |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$14.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $322.0K |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $322.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $136.0K |
| Change in Working Capital | $438.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$593.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$593.0K |
| Net Debt Issuance | $481.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $117.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3.0K |
| Inventory | $400.0K |
| Other Current Assets | $25.0K |
| TOTAL CURRENT ASSETS | $960.0K |
| PP&E (Net) | $3M |
| Goodwill | $5M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $19M |
| Account Payables | $8M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $625.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $0 |
| Additional Paid-In Capital | $71M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $7M |
| Net Debt | $7M |
