| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $720.0K | $801.0K | 79.2% | 61.0% |
| Op. Income | -$2M | -$2M | -$2M | 37.6% | 5.9% |
| Gross Margin | 90.1% | -59.3% | 40.2% | 149.4pp | 49.9pp |
| Net Margin | -100.1% | -368.6% | -214.2% | 268.5pp | 114.2pp |
| EPS (Diluted) | $-4.24 | $-13.42 | $-13.48 | 68.4% | 68.5% |
| Free Cash Flow | -$1M | -$2M | -$1M | 42.6% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $128.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $227.0K |
| Selling & Marketing | $967.0K |
| General & Administrative | $879.0K |
| SG&A Expenses | $2M |
| Other Expenses | $643.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $46.0K |
| Other Income/Expenses | $41.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$222.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $66.0K |
| EBIT | -$911.0K |
| EBITDA | -$845.0K |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $66.0K |
| Stock-Based Compensation | $86.0K |
| Deferred Income Tax | -$18.0K |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | -$168.0K |
| OPERATING CASH FLOW | -$1M |
| 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 | -$37.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $123.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $560.0K |
| Goodwill | $1M |
| Intangible Assets | $1M |
| Long-Term Investments | $84.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $7M |
| Account Payables | $2M |
| Short-Term Debt | $152.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $306.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $244.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $754.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$676.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $807.0K |
| Net Debt | -$320.0K |
