| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $1M | 18.6% | 414.4% |
| Op. Income | $586.0K | -$359.9K | -$536.7K | 262.8% | 209.2% |
| Gross Margin | 49.0% | 44.5% | 29.7% | 4.5pp | 19.3pp |
| Net Margin | 10.6% | -8.1% | -56.1% | 18.7pp | 66.7pp |
| EPS (Diluted) | $0.06 | $-0.04 | $-0.06 | 248.5% | 193.7% |
| Free Cash Flow | -$772.3K | -$2M | -$1M | 48.8% | 45.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $222.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $586.0K |
| Interest Income | $0 |
| Interest Expense | $9.3K |
| Other Income/Expenses | -$9.1K |
| INCOME BEFORE TAX | $576.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $576.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $576.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $576.9K |
| D&A | $261.2K |
| EBIT | $586.2K |
| EBITDA | $847.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $222.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $586.0K |
| Interest Income | $0 |
| Interest Expense | $9.3K |
| Other Income/Expenses | -$9.1K |
| INCOME BEFORE TAX | $576.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $576.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $576.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $576.9K |
| D&A | $261.2K |
| EBIT | $586.2K |
| EBITDA | $847.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $576.9K |
| Depreciation & Amortization | $301.6K |
| Stock-Based Compensation | $64.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$178.7K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$326.5K |
| Capital Expenditure | -$445.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$493.1K |
| NET CASH FROM INVESTING | -$938.9K |
| Net Debt Issuance | -$482.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $441.1K |
| NET CASH FROM FINANCING | -$41.2K |
| FREE CASH FLOW | -$772.3K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $493.3K |
| Net Receivables | $3M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $6M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $348.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $121.2K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $38M |
| Account Payables | $2M |
| Short-Term Debt | $769.8K |
| Deferred Revenue | $128.4K |
| Other Current Liabilities | -$617.7K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $126.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $9.6K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $5M |
| Net Debt | -$8M |
