| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $18M | -50.1% | -90.2% |
| Op. Income | -$4M | $29M | -$9M | -115.2% | 51.9% |
| Gross Margin | 55.1% | 55.2% | 51.0% | -0.1pp | 4.2pp |
| Net Margin | 42.4% | 1396.0% | -63.8% | -1353.6pp | 106.2pp |
| EPS (Diluted) | $3.00 | $256.00 | $-103.00 | -98.8% | 102.9% |
| Free Cash Flow | -$11M | -$7M | -$17M | -47.5% | 36.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $806.0K |
| GROSS PROFIT | $990.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | -$4M |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $761.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $761.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $761.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $761.0K |
| D&A | -$59M |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $761.0K |
| Depreciation & Amortization | -$59M |
| Stock-Based Compensation | $705.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46M |
| Change in Working Capital | $638.0K |
| OPERATING CASH FLOW | -$11M |
| 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 | -$293.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $3.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $18.0K |
| Net Receivables | $6M |
| Inventory | $5M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $144.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $35M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $5M |
| Additional Paid-In Capital | $381M |
| Retained Earnings | -$382M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $2M |
| Net Debt | -$5M |
