| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $74M | — | 4.0% | — |
| Op. Income | -$4M | -$2M | — | -143.9% | — |
| Gross Margin | 1.5% | 1.5% | — | 0.0pp | — |
| Net Margin | -5.7% | -1.3% | — | -4.4pp | — |
| EPS (Diluted) | $-0.39 | $-0.60 | — | 35.0% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $1M |
| R&D Expenses | $810.4K |
| Selling & Marketing | $115.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$253.4K |
| Operating Expenses | $5M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$4M |
| Interest Income | $200.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$613.0K |
| 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 | $61M |
| EBIT | -$4M |
| EBITDA | $29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| 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 | $884.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $125.0K |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $59M |
| Tax Assets | $2M |
| Other Non-Current Assets | -$52M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $76M |
| Account Payables | $24M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$10M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $622M |
| Retained Earnings | -$552M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $30M |
| Net Debt | $10M |
