| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $477.5K | $646.0K | $618.8K | -26.1% | -22.8% |
| Op. Income | -$3M | -$1M | -$1M | -170.4% | -151.2% |
| Gross Margin | 85.9% | 89.5% | 89.1% | -3.6pp | -3.2pp |
| Net Margin | -1806.5% | -346.1% | -336.1% | -1460.5pp | -1470.4pp |
| EPS (Diluted) | $-1.40 | $-0.37 | $-0.25 | -278.4% | -460.0% |
| Free Cash Flow | -$3M | -$629.7K | -$923.2K | -347.7% | -205.4% |
| Item | Amount |
|---|---|
| REVENUE | $477.5K |
| Cost of Revenue | $67.3K |
| GROSS PROFIT | $410.2K |
| R&D Expenses | $45.0K |
| Selling & Marketing | $64.2K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $2.1K |
| Interest Expense | $1M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $10.2K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$661.5K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$40.0K |
| NET CASH FROM INVESTING | -$42.7K |
| Net Debt Issuance | -$763.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $709.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $761.2K |
| Short-Term Investments | $0 |
| Net Receivables | $132.4K |
| Inventory | $34.5K |
| Other Current Assets | $38.7K |
| TOTAL CURRENT ASSETS | $966.9K |
| PP&E (Net) | $158.4K |
| Goodwill | $0 |
| Intangible Assets | $110.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $269.1K |
| TOTAL ASSETS | $1M |
| Account Payables | $566.6K |
| Short-Term Debt | $194.2K |
| Deferred Revenue | $69.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $39.4K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $5.1K |
| Additional Paid-In Capital | $42M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $278.8K |
| Net Debt | -$482.5K |
