| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $105M | $50.9K | 2.6% | 211758.5% |
| Op. Income | $2M | $1M | -$404.8K | 21.7% | 548.1% |
| Gross Margin | 12.7% | 13.2% | 49.7% | -0.5pp | -37.0pp |
| Net Margin | -0.5% | -0.7% | -1256.4% | 0.2pp | 1255.8pp |
| EPS (Diluted) | $-0.04 | $-0.05 | $-0.03 | 7.0% | -44.7% |
| Free Cash Flow | $2M | -$4M | -$841.6K | 157.8% | 360.8% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $17.2K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$720.8K |
| Income Tax Expense | -$139.2K |
| Net Income from Continuing Ops | -$581.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$581.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$581.6K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$581.6K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$45.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45.4K |
| Net Debt Issuance | $166.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $109.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $2M |
| Net Receivables | $89.5K |
| Inventory | $246.9K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $127.8K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $9M |
| Account Payables | $583.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $970.8K |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $119 |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $3M |
| Net Debt | -$2M |
