| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $2M | -0.8% | 136.9% |
| Op. Income | -$18M | -$2M | $336.3K | -802.6% | -5528.0% |
| Gross Margin | 84.7% | 83.9% | 87.7% | 0.7pp | -3.1pp |
| Net Margin | -401.1% | -32.0% | 18.2% | -369.1pp | -419.2pp |
| EPS (Diluted) | $-8.03 | $-1.20 | $0.36 | -569.2% | -2330.6% |
| Free Cash Flow | -$392.5K | -$780.7K | $724.6K | 49.7% | -154.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $672.6K |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $18M |
| Operating Expenses | $22M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$18M |
| Interest Income | $604.8K |
| Interest Expense | $160.7K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$652.1K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $28.7K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $28.7K |
| Stock-Based Compensation | $958.3K |
| Deferred Income Tax | -$652.1K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$732.7K |
| Capital Expenditure | $340.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.9K |
| NET CASH FROM INVESTING | $343.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$392.5K |
| Net Change in Cash | -$389.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $1M |
| Goodwill | $6M |
| Intangible Assets | $6M |
| Long-Term Investments | $301.6K |
| Tax Assets | $43M |
| Other Non-Current Assets | $2.0K |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $72M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $4.6K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $16M |
| Net Debt | $7M |
