| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1K | $1.3K | $0 | -11.9% | — |
| Op. Income | -$976.2K | -$684.1K | -$526.3K | -42.7% | -85.5% |
| Gross Margin | 87.3% | 88.8% | — | -1.5pp | — |
| Net Margin | -427779.0% | -6742.1% | — | -421036.8pp | — |
| EPS (Diluted) | $-35.10 | $-0.97 | $-16.50 | -3522.3% | -112.7% |
| Free Cash Flow | -$2M | -$376.1K | -$641.3K | -367.9% | -174.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1K |
| Cost of Revenue | $146 |
| GROSS PROFIT | $1.0K |
| R&D Expenses | $380.7K |
| Selling & Marketing | -$774 |
| General & Administrative | $596.5K |
| SG&A Expenses | $595.7K |
| Other Expenses | $773 |
| Operating Expenses | $977.2K |
| Cost & Expenses | $977.3K |
| OPERATING INCOME | -$976.2K |
| Interest Income | $3 |
| Interest Expense | $889.1K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $300 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $773 |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$35 |
| EPS Diluted | -$35 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $773 |
| Stock-Based Compensation | $79.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$798.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $707.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $9.9K |
| Inventory | $5.7K |
| Other Current Assets | $8.8K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $1.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.0K |
| TOTAL NON-CURRENT ASSETS | $7.8K |
| TOTAL ASSETS | $14M |
| Account Payables | $149.9K |
| Short-Term Debt | $815.1K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $231.6K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $58.6K |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $815.1K |
| Net Debt | -$13M |
