| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $490.1K | $239.9K | $371.6K | 104.3% | 31.9% |
| Op. Income | -$4M | -$3M | -$11M | -14.3% | 62.4% |
| Gross Margin | 67.4% | 49.9% | 63.9% | 17.5pp | 3.5pp |
| Net Margin | -800.5% | -1426.4% | -2796.4% | 625.9pp | 1995.9pp |
| EPS (Diluted) | $-0.98 | $-0.86 | $-2.89 | -13.9% | 66.1% |
| Free Cash Flow | -$4M | -$3M | -$4M | -10.3% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $490.1K |
| Cost of Revenue | $159.8K |
| GROSS PROFIT | $330.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $429.1K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $28.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $35.9K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $180.1K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $180.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $229.6K |
| Change in Working Capital | -$60.7K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$259.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.7K |
| NET CASH FROM INVESTING | -$259.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $430.8K |
| Inventory | $393.7K |
| Other Current Assets | $381.2K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $266.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $174.1K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $21M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $627.9K |
| Other Current Liabilities | $5.6K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $40.1K |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $3M |
| Net Debt | -$12M |
