| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $11M | 2.9% | 11.2% |
| Op. Income | -$446.0K | -$374.0K | -$1M | -19.3% | 59.0% |
| Gross Margin | 71.9% | 72.2% | 71.4% | -0.3pp | 0.4pp |
| Net Margin | 6.3% | 5.2% | -11.2% | 1.1pp | 17.5pp |
| EPS (Diluted) | $0.05 | $0.04 | $-0.09 | 25.1% | 157.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $5M |
| Selling & Marketing | $3M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | -$143.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$446.0K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $814.0K |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | $781.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $781.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $781.0K |
| D&A | $119.3K |
| EBIT | -$409.0K |
| EBITDA | -$289.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $781.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$781.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $43M |
| Net Receivables | $10M |
| Inventory | $396.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $101M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $724.0K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $101M |
| Total Debt | $2M |
| Net Debt | -$34M |
