| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $87M | $83M | -28.3% | -24.8% |
| Op. Income | -$9M | $1M | $2M | -873.9% | -581.5% |
| Gross Margin | 25.4% | 29.4% | 33.5% | -4.1pp | -8.1pp |
| Net Margin | -14.1% | 2.2% | 3.5% | -16.3pp | -17.6pp |
| EPS (Diluted) | $-2.22 | $0.51 | $0.80 | -534.3% | -376.4% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $16M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$9M |
| Interest Income | $305.4K |
| Interest Expense | $10.2K |
| Other Income/Expenses | -$266.5K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $5.4K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $327.0K |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $227.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $102M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $844.5K |
| TOTAL LIABILITIES | $41M |
| Common Stock | $105.9K |
| Additional Paid-In Capital | $392M |
| Retained Earnings | -$333M |
| Treasury Stock | -$1.2K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | -$944.6K |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $102M |
| Total Debt | $4M |
| Net Debt | -$85M |
