| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $674.0K | $303.0K | $370.0K | 122.4% | 82.2% |
| Op. Income | -$3M | -$3M | -$3M | -12.2% | -20.8% |
| Gross Margin | -15.3% | -81.5% | -51.6% | 66.2pp | 36.3pp |
| Net Margin | -426.7% | -886.5% | -749.2% | 459.8pp | 322.5pp |
| EPS (Diluted) | $-0.28 | $-0.37 | $-0.39 | 24.3% | 28.2% |
| Free Cash Flow | -$3M | -$2M | — | -6.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $674.0K |
| Cost of Revenue | $777.0K |
| GROSS PROFIT | -$103.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $493.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $240.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $243.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $37.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $37.0K |
| Stock-Based Compensation | $337.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$195.0K |
| Change in Working Capital | $88.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$64.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$64.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $19M |
| Net Receivables | $158.0K |
| Inventory | $724.0K |
| Other Current Assets | $668.0K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $262.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $26M |
| Account Payables | $774.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $954.0K |
| Other Current Liabilities | $569.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $284.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $571.0K |
| Net Debt | -$3M |
