| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $385.0K | $182.0K | $236.0K | 111.5% | 63.1% |
| Op. Income | -$12M | -$2M | -$12M | -625.0% | -2.6% |
| Gross Margin | 98.7% | 100.0% | -130.1% | -1.3pp | 228.8pp |
| Net Margin | -3302.6% | -976.4% | -5122.5% | -2326.2pp | 1819.9pp |
| EPS (Diluted) | $-0.69 | $-0.67 | $-0.69 | -3.0% | 0.0% |
| Free Cash Flow | $35M | -$3M | -$9M | 1287.9% | 493.1% |
| Item | Amount |
|---|---|
| REVENUE | $385.0K |
| Cost of Revenue | $5.0K |
| GROSS PROFIT | $380.0K |
| R&D Expenses | $893.0K |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $380.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$12M |
| Interest Income | $9.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $72.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $412.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $323.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $323.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $412.0K |
| Other Non-Cash Items | $57.0K |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $144M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $288M |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $160.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $495M |
| Retained Earnings | -$300M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $288M |
| Total Debt | $6M |
| Net Debt | -$122M |
