| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $533.4K | $9M | $675.0K | -94.1% | -21.0% |
| Op. Income | -$6M | -$811.0K | -$13M | -660.2% | 51.5% |
| Gross Margin | 67.6% | 61.9% | 50.0% | 5.7pp | 17.6pp |
| Net Margin | -1229.7% | -19.5% | -1384.5% | -1210.3pp | 154.8pp |
| EPS (Diluted) | $-289.06 | $-69.51 | $-456.09 | -315.9% | 36.6% |
| Free Cash Flow | $3M | -$8M | -$14M | 134.3% | 119.1% |
| Item | Amount |
|---|---|
| REVENUE | $533.4K |
| Cost of Revenue | $172.9K |
| GROSS PROFIT | $360.5K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$6M |
| Interest Income | $689.0K |
| Interest Expense | $700.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $235.6K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | -$7M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $242.1K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$289 |
| EPS Diluted | -$289 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $282.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $3M |
| 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 | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$796.1K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $892.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $55M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $607.4K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $963.9K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $2M |
| Additional Paid-In Capital | $398M |
| Retained Earnings | -$344M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $5M |
| Net Debt | -$42M |
