| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $7M | — | 42.2% |
| Op. Income | -$5M | — | $542.7K | — | -940.3% |
| Gross Margin | 41.7% | — | 69.3% | — | -27.7pp |
| Net Margin | -45.5% | — | 1.3% | — | -46.8pp |
| EPS (Diluted) | $-14.48 | — | $0.29 | — | -5127.8% |
| Free Cash Flow | -$2M | — | -$821.9K | — | -127.0% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $299.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$5M |
| Interest Income | $57.4K |
| Interest Expense | $0 |
| Other Income/Expenses | -$622.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$402.3K |
| 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 | $536.3K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $536.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$378.2K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $618.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$12.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$522.9K |
| Sales/Maturities of Investments | $697.4K |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| 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 | -$233.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $936.1K |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $1M |
| Tax Assets | $512.6K |
| Other Non-Current Assets | $291.3K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $31M |
| Account Payables | $6.5K |
| Short-Term Debt | $386.1K |
| Deferred Revenue | $385.0K |
| Other Current Liabilities | $832.8K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $556.0K |
| Other Non-Current Liabilities | -$1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $2.6K |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$597.6K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$177.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $3M |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $2M |
| Net Debt | -$9M |
