| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $437.0K | $983.0K | 279.4% | 68.7% |
| Op. Income | -$6M | -$10M | -$5M | 41.4% | -25.0% |
| Gross Margin | 97.6% | 87.6% | 95.9% | 10.0pp | 1.7pp |
| Net Margin | -325.7% | -2245.5% | -475.1% | 1919.8pp | 149.4pp |
| EPS (Diluted) | $-0.47 | $-1.55 | $-0.53 | 69.7% | 11.3% |
| Free Cash Flow | -$7M | -$5M | -$4M | -46.4% | -67.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $39.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $39.0K |
| Selling & Marketing | $58.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$6M |
| Interest Income | $472.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $557.0K |
| 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 | $1 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $225.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $275.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $320.0K |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $799.0K |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $22.0K |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $126M |
| Account Payables | $740.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $110M |
| Minority Interest | $0 |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $126M |
| Total Debt | $17.0K |
| Net Debt | -$31M |
