| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35.5K | $30.6K | — | 16.3% | — |
| Op. Income | -$876.9K | -$779.4K | — | -12.5% | — |
| Gross Margin | 73.6% | 76.7% | — | -3.1pp | — |
| Net Margin | -2314.1% | -2449.0% | — | 134.9pp | — |
| EPS (Diluted) | $-0.11 | $-0.10 | — | -12.9% | — |
| Free Cash Flow | -$826.9K | -$1M | — | 39.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $35.5K |
| Cost of Revenue | $9.4K |
| GROSS PROFIT | $26.2K |
| R&D Expenses | $146.0K |
| Selling & Marketing | $782.9K |
| General & Administrative | $120.1K |
| SG&A Expenses | $903.0K |
| Other Expenses | -$146.0K |
| Operating Expenses | $903.0K |
| Cost & Expenses | $912.4K |
| OPERATING INCOME | -$876.9K |
| Interest Income | $0 |
| Interest Expense | $5.5K |
| Other Income/Expenses | $54.4K |
| INCOME BEFORE TAX | -$822.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$822.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$822.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$822.4K |
| D&A | $826 |
| EBIT | -$876.9K |
| EBITDA | -$876.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$822.4K |
| Depreciation & Amortization | $826 |
| Stock-Based Compensation | $88.4K |
| Deferred Income Tax | -$58.9K |
| Other Non-Cash Items | $1.4K |
| Change in Working Capital | -$24.9K |
| OPERATING CASH FLOW | -$815.6K |
| Capital Expenditure | -$11.3K |
| Acquisitions (Net) | $11.3K |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$11.3K |
| NET CASH FROM INVESTING | $872.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$826.9K |
| Net Change in Cash | $56.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231.7K |
| Short-Term Investments | $4M |
| Net Receivables | $14.3K |
| Inventory | $160.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $3.6K |
| Goodwill | $0 |
| Intangible Assets | $60.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $63.7K |
| TOTAL ASSETS | $5M |
| Account Payables | $48.5K |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $336.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7.3K |
| Additional Paid-In Capital | $78M |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $530.5K |
| Net Debt | $298.8K |
