| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $711.0K | $1M | 69.1% | 3.2% |
| Op. Income | -$5M | -$4M | -$5M | -19.2% | -6.2% |
| Gross Margin | 55.6% | 49.5% | 39.2% | 6.1pp | 16.3pp |
| Net Margin | -416.6% | -566.5% | -410.7% | 150.0pp | -5.8pp |
| EPS (Diluted) | $-0.12 | $-0.10 | $-0.12 | -23.3% | 0.0% |
| Free Cash Flow | $2M | -$3M | -$1M | 168.0% | 247.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $534.0K |
| GROSS PROFIT | $668.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $282.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $88.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $72.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $230.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $203.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$106.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$31.0K |
| Other Investing Activities | $31.0K |
| NET CASH FROM INVESTING | -$106.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $7M |
| Net Receivables | $2M |
| Inventory | $7M |
| Other Current Assets | $722.0K |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $820.0K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $69.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $31M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $214.0K |
| Other Current Liabilities | $777.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $129.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $264.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $248.0K |
| Net Debt | -$11M |
