| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | — | $16M | — | 33.8% |
| Op. Income | -$3M | — | -$4M | — | 30.8% |
| Gross Margin | 4.4% | — | -8.3% | — | 12.7pp |
| Net Margin | -10.1% | — | -20.5% | — | 10.4pp |
| EPS (Diluted) | $-0.08 | — | $-0.12 | — | 36.5% |
| Free Cash Flow | -$2M | — | -$6M | — | 73.7% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $933.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $104.9K |
| Other Income/Expenses | $155.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$554.2K |
| 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 | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | -$137.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$36.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $881.2K |
| NET CASH FROM INVESTING | $844.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $612.7K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $5M |
| Goodwill | $138M |
| Intangible Assets | $130M |
| Long-Term Investments | $3.7K |
| Tax Assets | $806.5K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $276M |
| TOTAL ASSETS | $301M |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $302.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $3.7K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $906.4K |
| Other Equity | -$3.7K |
| TOTAL STOCKHOLDERS' EQUITY | $241M |
| Minority Interest | $5M |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $301M |
| Total Debt | $12M |
| Net Debt | $2M |
