| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $29M | $28M | -17.0% | -14.0% |
| Op. Income | -$161M | -$8M | -$9M | -1925.6% | -1739.8% |
| Gross Margin | -14.3% | 24.8% | 20.0% | -39.1pp | -34.4pp |
| Net Margin | -651.1% | -19.0% | -7.3% | -632.1pp | -643.8pp |
| EPS (Diluted) | $-1.94 | $-0.07 | $-0.02 | -2677.8% | -8004.0% |
| Free Cash Flow | -$11M | -$18M | -$17M | 42.0% | 37.8% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $27M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $10M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $17M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$161M |
| Interest Income | $0 |
| Interest Expense | $46.8K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$157M |
| Income Tax Expense | -$951.5K |
| Net Income from Continuing Ops | -$156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$156M |
| D&A | $5M |
| EBIT | -$157M |
| EBITDA | -$152M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$156M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $968.3K |
| Deferred Income Tax | -$951.5K |
| Other Non-Cash Items | $140M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$299.6K |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$127.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8.8K |
| NET CASH FROM FINANCING | -$119.1K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $234.6K |
| Net Receivables | $25M |
| Inventory | $60M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $81M |
| Goodwill | $5M |
| Intangible Assets | $8M |
| Long-Term Investments | $11M |
| Tax Assets | $2M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $255M |
| Account Payables | $25M |
| Short-Term Debt | $58.5K |
| Deferred Revenue | $156.4K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $73.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $567M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$369M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $221M |
| Minority Interest | $0 |
| TOTAL EQUITY | $221M |
| TOTAL LIABILITIES & EQUITY | $255M |
| Total Debt | $131.5K |
| Net Debt | -$38M |
