| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47.0K | $90.0K | — | -47.8% | — |
| Op. Income | -$650.0K | -$897.0K | — | 27.5% | — |
| Gross Margin | 31.9% | 48.9% | — | -17.0pp | — |
| Net Margin | -1429.8% | -1018.9% | — | -410.9pp | — |
| EPS (Diluted) | $-18.61 | $-28.71 | — | 35.2% | — |
| Free Cash Flow | -$130.0K | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $47.0K |
| Cost of Revenue | $32.0K |
| GROSS PROFIT | $15.0K |
| R&D Expenses | $18.0K |
| Selling & Marketing | $17.0K |
| General & Administrative | $630.0K |
| SG&A Expenses | $647.0K |
| Other Expenses | $0 |
| Operating Expenses | $665.0K |
| Cost & Expenses | $697.0K |
| OPERATING INCOME | -$650.0K |
| Interest Income | $0 |
| Interest Expense | $22.0K |
| Other Income/Expenses | -$22.0K |
| INCOME BEFORE TAX | -$672.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$672.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$672.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$672.0K |
| D&A | $5.0K |
| EBIT | -$650.0K |
| EBITDA | -$645.0K |
| EPS | -$19 |
| EPS Diluted | -$19 |
| Item | Amount |
|---|---|
| Net Income | -$672.0K |
| Depreciation & Amortization | $5.0K |
| Stock-Based Compensation | $164.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45.0K |
| Change in Working Capital | $331.0K |
| OPERATING CASH FLOW | -$127.0K |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $109.0K |
| NET CASH FROM FINANCING | $109.0K |
| FREE CASH FLOW | -$130.0K |
| Net Change in Cash | -$21.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0K |
| Short-Term Investments | $0 |
| Net Receivables | $8.0K |
| Inventory | $95.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $115.0K |
| PP&E (Net) | $165.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $423.0K |
| TOTAL NON-CURRENT ASSETS | $588.0K |
| TOTAL ASSETS | $703.0K |
| Account Payables | $341.0K |
| Short-Term Debt | $963.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $617.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $703.0K |
| Total Debt | $1M |
| Net Debt | $1M |
