| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $2M | — | 65.2% |
| Op. Income | -$2M | — | -$1M | — | -85.4% |
| Gross Margin | 0.6% | — | 5.4% | — | -4.8pp |
| Net Margin | -47.2% | — | -65.1% | — | 17.9pp |
| EPS (Diluted) | $-4821.29 | — | $-4093.36 | — | -17.8% |
| Free Cash Flow | -$1M | — | -$1M | — | -11.4% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $23.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $148.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $217.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $9.0K |
| 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 | $350.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$4.8K |
| EPS Diluted | -$4.8K |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $350.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$27.0K |
| Other Non-Cash Items | -$116.0K |
| Change in Working Capital | $452.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$86.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$86.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $691.0K |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $214.0K |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $3M |
| Tax Assets | $137.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $15M |
| Account Payables | $643.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $0 |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $88.0K |
| Net Debt | -$2M |
