| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $2M | -25.3% | 74.6% |
| Op. Income | $1M | -$5M | -$2M | 122.7% | 178.2% |
| Gross Margin | 70.3% | 69.3% | 87.4% | 1.1pp | -17.1pp |
| Net Margin | 44.3% | -136.2% | -93.2% | 180.6pp | 137.6pp |
| EPS (Diluted) | $0.64 | $-0.40 | $-0.14 | 260.0% | 557.1% |
| Free Cash Flow | -$3M | -$3M | -$1M | -9.1% | -157.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $875.3K |
| GROSS PROFIT | $2M |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | -$5M |
| Operating Expenses | $843.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $76.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $76.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $579.1K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $875.3K |
| GROSS PROFIT | $2M |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | -$5M |
| Operating Expenses | $843.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $76.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $76.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $579.1K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $579.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$35.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $3.3K |
| Sales/Maturities of Investments | $2.7K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $236.6K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $681.3K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $1M |
| Goodwill | $23M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $44M |
| Account Payables | $435.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $754.8K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $959.3K |
| Net Debt | -$6M |
