| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $743.0K | $433.0K | $135.0K | 71.6% | 450.4% |
| Op. Income | -$4M | -$5M | -$5M | 11.5% | 20.8% |
| Gross Margin | 26.1% | -10.9% | -100.7% | 37.0pp | 126.9pp |
| Net Margin | -576.7% | -1115.5% | -4065.2% | 538.8pp | 3488.5pp |
| EPS (Diluted) | $-26.27 | $-34.38 | $-52.13 | 23.6% | 49.6% |
| Free Cash Flow | -$3M | -$4M | -$3M | 9.7% | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $743.0K |
| Cost of Revenue | $549.0K |
| GROSS PROFIT | $194.0K |
| R&D Expenses | $901.0K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $37.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $37.0K |
| 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 | $91.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$26 |
| EPS Diluted | -$26 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $91.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$36.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$128.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$493.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$101.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $493.0K |
| Net Receivables | $601.0K |
| Inventory | $570.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $219.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $10M |
| Account Payables | $912.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$72.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $903.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $903.0K |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $802.0K |
| Net Debt | -$5M |
