| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173.0K | $200.0K | $279.9K | -13.5% | -38.2% |
| Op. Income | -$2M | -$1M | -$794.5K | -6.9% | -97.7% |
| Gross Margin | -32.9% | -44.5% | -31.8% | 11.6pp | -1.2pp |
| Net Margin | -5549.7% | -3913.0% | 339.4% | -1636.7pp | -5889.1pp |
| EPS (Diluted) | $-0.34 | $-0.39 | $0.06 | 12.8% | -635.4% |
| Free Cash Flow | -$971.0K | -$1M | -$151.7K | 3.1% | -540.3% |
| Item | Amount |
|---|---|
| REVENUE | $173.0K |
| Cost of Revenue | $230.0K |
| GROSS PROFIT | -$57.0K |
| R&D Expenses | $579.0K |
| Selling & Marketing | $311.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $166.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $7.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $7.0K |
| Stock-Based Compensation | $280.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $366.0K |
| OPERATING CASH FLOW | -$964.0K |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$491.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$971.0K |
| Net Change in Cash | $167.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $30M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $30M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $4M |
| Net Debt | $4M |
