| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $357.8K | -3.1% | 266.1% |
| Op. Income | -$1M | -$1M | -$1M | 3.2% | -8.0% |
| Gross Margin | 62.3% | 55.0% | 41.8% | 7.3pp | 20.4pp |
| Net Margin | -98.8% | -95.0% | -353.4% | -3.8pp | 254.6pp |
| EPS (Diluted) | $-0.25 | $-0.23 | $-0.26 | -8.7% | 3.8% |
| Free Cash Flow | -$534.2K | -$1M | -$1M | 47.7% | 47.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $494.5K |
| GROSS PROFIT | $815.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $303.4K |
| SG&A Expenses | $2M |
| Other Expenses | $247.3K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Other Income/Expenses | $13.9K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $190.1K |
| EBIT | -$1M |
| EBITDA | -$870.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $190.1K |
| Stock-Based Compensation | $250.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $191.6K |
| Change in Working Capital | $127.9K |
| OPERATING CASH FLOW | -$534.2K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$29.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$63.5K |
| FREE CASH FLOW | -$534.2K |
| Net Change in Cash | -$611.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $106.4K |
| Inventory | $118.0K |
| Other Current Assets | $164.4K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $0 |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $431.2K |
| Tax Assets | $0 |
| Other Non-Current Assets | $129.5K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $13M |
| Account Payables | $352.2K |
| Short-Term Debt | $2M |
| Deferred Revenue | $247.3K |
| Other Current Liabilities | $106.6K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3M |
| Common Stock | $5.1K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $109.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $2M |
| Net Debt | -$2M |
