| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $28M | 0.0% | -86.3% |
| Op. Income | -$10M | -$10M | $8M | 0.0% | -226.7% |
| Gross Margin | -120.3% | -120.3% | 46.4% | 0.0pp | -166.7pp |
| Net Margin | -257.0% | -257.0% | 29.3% | 0.0pp | -286.3pp |
| EPS (Diluted) | $-0.18 | $-0.18 | $0.16 | 0.0% | -212.1% |
| Free Cash Flow | -$9M | -$9M | -$12M | 0.0% | 27.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $2M |
| Selling & Marketing | $694.2K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$10M |
| Interest Income | $92.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $151.6K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $194.1K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $468.7K |
| Stock-Based Compensation | $10.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$131.7K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $216.9K |
| Inventory | $6M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $43M |
| Account Payables | $8M |
| Short-Term Debt | $227.9K |
| Deferred Revenue | $15M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $10.6K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $10M |
| Net Debt | $8M |
