| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $0 | — | — |
| Op. Income | -$811.0K | — | -$28M | — | 97.1% |
| Gross Margin | 61.9% | — | — | — | — |
| Net Margin | -19.5% | — | — | — | — |
| EPS (Diluted) | $-69.51 | — | $-499.10 | — | 86.1% |
| Free Cash Flow | -$8M | — | -$24M | — | 67.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$811.0K |
| Interest Income | $373.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$940.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $271.0K |
| EBIT | -$722.0K |
| EBITDA | -$451.0K |
| EPS | -$70 |
| EPS Diluted | -$70 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $271.0K |
| Stock-Based Compensation | $943.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$495.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67.0K |
| NET CASH FROM FINANCING | $67.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $102M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $2M |
| Additional Paid-In Capital | $327M |
| Retained Earnings | -$435M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $179M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $102M |
| Total Debt | $12M |
| Net Debt | -$42M |
