| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 4.7% | 11.1% |
| Op. Income | -$337.0K | -$91.0K | $87.0K | -270.3% | -487.4% |
| Gross Margin | 77.1% | 84.8% | 94.2% | -7.8pp | -17.1pp |
| Net Margin | -11.2% | -6.4% | 6.4% | -4.9pp | -17.6pp |
| EPS (Diluted) | $-0.05 | $-0.03 | $0.02 | -66.7% | -350.0% |
| Free Cash Flow | $153.0K | -$132.0K | $2M | 215.9% | -91.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $473.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $14.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $640.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$337.0K |
| Interest Income | $2M |
| Interest Expense | $423.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$337.0K |
| Income Tax Expense | -$105.0K |
| Net Income from Continuing Ops | -$232.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$232.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$232.0K |
| D&A | $64.0K |
| EBIT | -$337.0K |
| EBITDA | -$273.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$232.0K |
| Depreciation & Amortization | $64.0K |
| Stock-Based Compensation | $220.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$44.0K |
| Change in Working Capital | $219.0K |
| OPERATING CASH FLOW | $227.0K |
| Capital Expenditure | -$74.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$706.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $153.0K |
| Net Change in Cash | -$567.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $110M |
| Net Receivables | $805.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $107M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $252M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $45M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $252M |
| Total Debt | $32M |
| Net Debt | $20M |
