| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110.0K | $674.0K | $134.0K | -83.7% | -17.9% |
| Op. Income | -$3M | -$3M | -$2M | 7.9% | -23.5% |
| Gross Margin | -191.8% | -15.3% | -220.9% | -176.5pp | 29.1pp |
| Net Margin | -2310.9% | -426.7% | -1674.6% | -1884.2pp | -636.3pp |
| EPS (Diluted) | $-0.24 | $-0.28 | $-0.32 | 14.3% | 25.0% |
| Free Cash Flow | -$2M | -$3M | -$2M | 13.5% | -30.7% |
| Item | Amount |
|---|---|
| REVENUE | $110.0K |
| Cost of Revenue | $321.0K |
| GROSS PROFIT | -$211.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $208.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $330.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $330.0K |
| 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 | $47.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $47.0K |
| Stock-Based Compensation | $371.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $121.0K |
| Change in Working Capital | -$252.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$37.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$78.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$78.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $4M |
| Net Receivables | $0 |
| Inventory | $782.0K |
| Other Current Assets | $573.0K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $254.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $25M |
| Account Payables | $293.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $950.0K |
| Other Current Liabilities | $332.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $275.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $1M |
| Net Debt | -$14M |
