| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $528.2K | — | 512.3% | — |
| Op. Income | -$17M | -$20M | — | 15.1% | — |
| Gross Margin | -356.8% | -2702.9% | — | 2346.1pp | — |
| Net Margin | -450.2% | -3852.3% | — | 3402.1pp | — |
| EPS (Diluted) | $-0.45 | $-0.62 | — | 28.6% | — |
| Free Cash Flow | -$17M | -$17M | — | 0.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$17M |
| Interest Income | $2M |
| Interest Expense | $10.2K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $768.7K |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $768.7K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $82.7K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$198.5K |
| Acquisitions (Net) | $81.5K |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$381.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.5K |
| NET CASH FROM FINANCING | -$379.3K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $176M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $338.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $278M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $5M |
| Additional Paid-In Capital | $464M |
| Retained Earnings | -$217M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $250M |
| Minority Interest | $0 |
| TOTAL EQUITY | $250M |
| TOTAL LIABILITIES & EQUITY | $278M |
| Total Debt | $5M |
| Net Debt | -$82M |
