| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $11M | — | 41.1% |
| Op. Income | -$6M | — | -$7M | — | 9.9% |
| Gross Margin | 52.9% | — | 42.9% | — | 10.0pp |
| Net Margin | -46.1% | — | -86.4% | — | 40.3pp |
| EPS (Diluted) | $-3.11 | — | $-4.54 | — | 31.5% |
| Free Cash Flow | -$10M | — | -$12M | — | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$6M |
| Interest Income | $57.0K |
| Interest Expense | $377.0K |
| Other Income/Expenses | -$770.8K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $322.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $201.9K |
| NET INCOME | -$7M |
| Net Income Deductions | $128.8K |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $189.4K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $189.4K |
| Stock-Based Compensation | $109.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $9M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $4M |
| Goodwill | $8M |
| Intangible Assets | $94.0K |
| Long-Term Investments | $480.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $349.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $47M |
| Account Payables | $5M |
| Short-Term Debt | $4M |
| Deferred Revenue | $277.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $22.0K |
| Deferred Tax Liabilities | $8.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $9M |
| Additional Paid-In Capital | $284M |
| Retained Earnings | -$273M |
| Treasury Stock | -$690.0K |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $9M |
| Net Debt | -$5M |
