| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $257.2K | $0 | -100.0% | — |
| Op. Income | -$2M | -$2M | -$3M | 24.2% | 52.0% |
| EPS (Diluted) | $-3.56 | $-5.76 | $-13.28 | 38.2% | 73.2% |
| Free Cash Flow | -$2M | -$2M | -$3M | 11.2% | 24.0% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $184.0K |
| GROSS PROFIT | -$184.0K |
| R&D Expenses | $762.7K |
| Selling & Marketing | $0 |
| General & Administrative | $890.5K |
| SG&A Expenses | $890.5K |
| Other Expenses | -$206.9K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $60.2K |
| Other Income/Expenses | $18.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1.6K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1.6K |
| Stock-Based Compensation | $90.0K |
| Deferred Income Tax | $393.8K |
| Other Non-Cash Items | -$307.2K |
| Change in Working Capital | -$489.5K |
| OPERATING CASH FLOW | -$2M |
| 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 | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$700.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $139.0K |
| Inventory | $0 |
| Other Current Assets | $171.3K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $301.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53.3K |
| TOTAL NON-CURRENT ASSETS | $354.9K |
| TOTAL ASSETS | $14M |
| Account Payables | $2M |
| Short-Term Debt | $750.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $73.9K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $9.8K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $3M |
| Net Debt | -$10M |
