How did HOLO's revenue and expenses shift in Q2 2023 compared to previous quarters?

**MicroCloud Hologram (HOLO) experienced a significant decline in revenue and a shift in expenses in Q2 2023 compared to previous quarters.**

1. **Revenue Shift**:
- HOLO's revenue for Q2 2022 was $34.03 million, which decreased to $24.24 million by Q3 2022 and further dropped to $12.6 million by Q2 2023. The most recent data shows a slight increase to $6.58 million by Q1 2024.
- This trend indicates a substantial decline in revenue over the period, with the lowest revenue recorded in Q2 2023.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|HOLO|HOLO.O|MicroCloud Hologram|2022 Q3|189.0362385354621|2.424308080283097E7|186|
|HOLO|HOLO.O|MicroCloud Hologram|2023 Q1|-72.82810791943956|6579731|186|
|HOLO|HOLO.O|MicroCloud Hologram|2023 Q2|-62.98572621817912|1.259568578704314E7|186|

2. **Expense Shift**:
- The total expenses for HOLO were $0 in Q2 2022 and remained the same in Q2 2023.
- This indicates that while revenue was declining, the company's expenses were stable, which could suggest a focus on cost management during a period of reduced revenue.

In conclusion, HOLO faced a challenging period in Q2 2023 with a significant drop in revenue compared to the previous quarter, while maintaining stable expenses. This could be a critical point for the company to reassess its strategies and cost structures.