| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.1K | $35.5K | $545.3K | -32.2% | -95.6% |
| Op. Income | -$2M | -$876.9K | -$293.2K | -175.5% | -723.9% |
| Gross Margin | 83.5% | 73.6% | 65.7% | 9.9pp | 17.9pp |
| Net Margin | -9526.8% | -2314.1% | -24.8% | -7212.6pp | -9501.9pp |
| EPS (Diluted) | $-0.31 | $-0.11 | $-0.03 | -181.8% | -1087.7% |
| Free Cash Flow | -$714.1K | -$826.9K | -$943.7K | 13.6% | 24.3% |
| Item | Amount |
|---|---|
| REVENUE | $24.1K |
| Cost of Revenue | $4.0K |
| GROSS PROFIT | $20.1K |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $127.2K |
| SG&A Expenses | $2M |
| Other Expenses | -$2M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $5.3K |
| Other Income/Expenses | $118.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $887 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $887 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$82.9K |
| Other Non-Cash Items | $1.4K |
| Change in Working Capital | $103.5K |
| OPERATING CASH FLOW | -$701.1K |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $13.0K |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$109.0K |
| NET CASH FROM INVESTING | $830.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$714.1K |
| Net Change in Cash | $129.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $361.4K |
| Short-Term Investments | $4M |
| Net Receivables | $14.5K |
| Inventory | $158.6K |
| Other Current Assets | $153.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $2.1K |
| Goodwill | $0 |
| Intangible Assets | $72.4K |
| Long-Term Investments | $96.0K |
| Tax Assets | -$170.4K |
| Other Non-Current Assets | $170.4K |
| TOTAL NON-CURRENT ASSETS | $170.4K |
| TOTAL ASSETS | $4M |
| Account Payables | $72.5K |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| 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 | $7.4K |
| Additional Paid-In Capital | $79M |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $800 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $517.6K |
| Net Debt | $156.2K |
