| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $473.9K | — | $967.9K | — | -51.0% |
| Op. Income | -$2M | — | -$2M | — | -5.9% |
| Gross Margin | -36.0% | — | 32.7% | — | -68.7pp |
| Net Margin | -477.8% | — | -234.9% | — | -242.9pp |
| EPS (Diluted) | $-0.29 | — | $-0.32 | — | 9.4% |
| Free Cash Flow | -$2M | — | -$3M | — | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $473.9K |
| Cost of Revenue | $644.5K |
| GROSS PROFIT | -$170.6K |
| R&D Expenses | $441.0K |
| Selling & Marketing | $158.9K |
| General & Administrative | $748.1K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $161.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $161.5K |
| 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 | $29.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $29.0K |
| Stock-Based Compensation | $44.2K |
| Deferred Income Tax | -$355.5K |
| Other Non-Cash Items | $386.6K |
| Change in Working Capital | -$91.4K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$73.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$119.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59.8K |
| NET CASH FROM FINANCING | -$119.5K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $5M |
| Net Receivables | $1M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $898.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $31.9K |
| Tax Assets | $0 |
| Other Non-Current Assets | $152.2K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $11M |
| Account Payables | $675.6K |
| Short-Term Debt | $226.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $897.6K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $861.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $405.9K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$10M |
| Treasury Stock | -$119.5K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $1M |
| Net Debt | -$323.8K |
