| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153.7K | $188.2K | $349.2K | -18.4% | -56.0% |
| Op. Income | -$2M | -$2M | -$2M | 14.9% | 18.8% |
| Gross Margin | -733.0% | -755.2% | -350.2% | 22.2pp | -382.8pp |
| Net Margin | -1266.0% | -1217.7% | -686.5% | -48.3pp | -579.5pp |
| EPS (Diluted) | $-3.73 | $-4.39 | $-4.59 | 15.0% | 18.7% |
| Free Cash Flow | -$2M | -$2M | -$2M | 8.3% | -20.9% |
| Item | Amount |
|---|---|
| REVENUE | $153.7K |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $210.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $607.7K |
| Other Expenses | $0 |
| Operating Expenses | $818.3K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $8 |
| Interest Expense | $3.2K |
| Other Income/Expenses | -$756 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$2M |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $27.9K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $27.9K |
| Stock-Based Compensation | $198.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$106.5K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$129.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$129.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $371.6K |
| Inventory | $950.9K |
| Other Current Assets | $105.2K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $304.9K |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $6M |
| Account Payables | $277.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $120.1K |
| Other Current Liabilities | $231.6K |
| TOTAL CURRENT LIABILITIES | $629.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $629.2K |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$49M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $54M |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $0 |
| Net Debt | -$3M |
