| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $29M | — | 17.7% | — |
| Op. Income | -$4M | -$2M | — | -68.3% | — |
| Gross Margin | 44.7% | 48.8% | — | -4.0pp | — |
| Net Margin | -19.5% | -11.4% | — | -8.1pp | — |
| EPS (Diluted) | $-0.06 | $-0.03 | — | -99.0% | — |
| Free Cash Flow | -$5M | -$6M | — | 16.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $19M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$4M |
| Interest Income | $10.0K |
| Interest Expense | $357.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$864.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$864.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$411.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $59.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $18M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $19M |
| Goodwill | $83M |
| Intangible Assets | $26M |
| Long-Term Investments | $5M |
| Tax Assets | $4M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $230M |
| Account Payables | $18M |
| Short-Term Debt | $9M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $373.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $391.0K |
| Other Equity | $226M |
| TOTAL STOCKHOLDERS' EQUITY | $145M |
| Minority Interest | $86.0K |
| TOTAL EQUITY | $145M |
| TOTAL LIABILITIES & EQUITY | $230M |
| Total Debt | $34M |
| Net Debt | $8M |
