| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326.0K | $173.0K | — | 88.4% | — |
| Op. Income | -$2M | -$2M | — | -22.7% | — |
| Gross Margin | 10.1% | -32.9% | — | 43.1pp | — |
| Net Margin | -4245.4% | -5549.7% | — | 1304.3pp | — |
| EPS (Diluted) | $-0.49 | $-0.34 | — | -44.1% | — |
| Free Cash Flow | -$1M | -$971.0K | -$350.9K | -15.4% | -219.5% |
| Item | Amount |
|---|---|
| REVENUE | $326.0K |
| Cost of Revenue | $293.0K |
| GROSS PROFIT | $33.0K |
| R&D Expenses | $405.0K |
| Selling & Marketing | $243.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $187.0K |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $87.7K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $6.0K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $6.0K |
| Stock-Based Compensation | $798.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $29.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $300.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $611.8K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $87.4K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $92.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $92.4K |
| TOTAL ASSETS | $3M |
| Account Payables | $0 |
| Short-Term Debt | $12M |
| Deferred Revenue | $393.8K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $455 |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$15M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $15M |
| Net Debt | $14M |
