| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $830.0K | $2M | $451.0K | -49.9% | 84.0% |
| Op. Income | -$6M | -$6M | -$4M | 2.9% | -32.4% |
| Gross Margin | 97.0% | 97.6% | 93.6% | -0.7pp | 3.4pp |
| Net Margin | -663.7% | -325.7% | -926.4% | -338.0pp | 262.7pp |
| EPS (Diluted) | $-0.60 | $-0.47 | $-0.35 | -27.7% | -71.4% |
| Free Cash Flow | -$2M | -$7M | -$4M | 70.9% | 42.7% |
| Item | Amount |
|---|---|
| REVENUE | $830.0K |
| Cost of Revenue | $25.0K |
| GROSS PROFIT | $805.0K |
| R&D Expenses | $25.0K |
| Selling & Marketing | $37.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $199.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$6M |
| Interest Income | $385.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $278.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $224.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $224.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $124.0K |
| Change in Working Capital | $345.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $214.0K |
| Net Receivables | $43.0K |
| Inventory | $0 |
| Other Current Assets | $776.0K |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $5.0K |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | -$75M |
| Other Non-Current Assets | $150M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $124M |
| Account Payables | $728.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $18M |
| 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 | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $124M |
| Total Debt | $0 |
| Net Debt | -$33M |
