| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $3M | $604.2K | 110.7% | 805.1% |
| Op. Income | -$8M | -$13M | -$11M | 32.8% | 25.3% |
| Gross Margin | 56.2% | 39.6% | 52.7% | 16.6pp | 3.4pp |
| Net Margin | -163.8% | -556.8% | -1885.3% | 393.0pp | 1721.5pp |
| EPS (Diluted) | $-0.18 | $-0.41 | $-0.27 | 56.1% | 33.3% |
| Free Cash Flow | -$9M | -$13M | -$9M | 30.2% | 2.2% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $5M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $541.4K |
| Other Income/Expenses | -$461.4K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $70.1K |
| Acquisitions (Net) | -$197.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$168.3K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $93.4K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $3M |
| Other Current Assets | $833.2K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $8M |
| Goodwill | $28M |
| Intangible Assets | $33M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $419.6K |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $85M |
| Account Payables | $5M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $432.3K |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $5.2K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | -$177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $85M |
| Total Debt | $25M |
| Net Debt | $22M |
