| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100.0K | $2M | — | -94.7% | — |
| Op. Income | -$601.9K | $1M | — | -145.1% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -335.8% | 42.7% | — | -378.5pp | — |
| EPS (Diluted) | $-0.03 | $0.08 | — | -141.4% | — |
| Free Cash Flow | -$607.3K | -$1M | — | 45.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $100.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $100.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $72.0K |
| General & Administrative | $629.9K |
| SG&A Expenses | $701.9K |
| Other Expenses | $0 |
| Operating Expenses | $701.9K |
| Cost & Expenses | $701.9K |
| OPERATING INCOME | -$601.9K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $274.3K |
| INCOME BEFORE TAX | -$327.7K |
| Income Tax Expense | $8.1K |
| Net Income from Continuing Ops | -$335.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$335.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$335.8K |
| D&A | $146.9K |
| EBIT | -$601.9K |
| EBITDA | -$455.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$335.8K |
| Depreciation & Amortization | $146.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$82.3K |
| Change in Working Capital | -$335.3K |
| OPERATING CASH FLOW | -$606.4K |
| Capital Expenditure | -$862 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89.5K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $335.0K |
| NET CASH FROM INVESTING | $244.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$607.3K |
| Net Change in Cash | -$361.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467.6K |
| Short-Term Investments | $283.7K |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $29.5K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $93.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $8M |
| Account Payables | $482 |
| Short-Term Debt | $0 |
| Deferred Revenue | $70.0K |
| Other Current Liabilities | $87.5K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $747.5K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $9.6K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $355.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $1M |
| Net Debt | $758.4K |
