| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97.0K | $561.0K | $54.0K | -82.7% | 79.6% |
| Op. Income | -$2M | -$2M | -$2M | 5.0% | 8.2% |
| Gross Margin | 13.9% | 21.4% | 14.8% | -7.5pp | -0.9pp |
| Net Margin | -2164.9% | -388.6% | -4450.0% | -1776.4pp | 2285.1pp |
| EPS (Diluted) | $-1.29 | $-1.38 | $-3.97 | 6.5% | 67.5% |
| Free Cash Flow | -$2M | -$1M | -$2M | -21.9% | 24.7% |
| Item | Amount |
|---|---|
| REVENUE | $97.0K |
| Cost of Revenue | $83.5K |
| GROSS PROFIT | $13.5K |
| R&D Expenses | $722.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $47.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $75.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $368.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$23.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$106.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$106.0K |
| Net Debt Issuance | -$38.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $27M |
| Net Receivables | $140.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $58M |
| Account Payables | $107.0K |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $859.0K |
| 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 | $362.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $191M |
| Additional Paid-In Capital | $79M |
| Retained Earnings | -$214M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$792.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55M |
| Minority Interest | $0 |
| TOTAL EQUITY | $55M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $1M |
| Net Debt | -$27M |
