| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $5M | $3M | -38.7% | -7.2% |
| Op. Income | -$2M | -$1M | -$2M | -73.2% | -29.7% |
| Gross Margin | 6.4% | 29.9% | 26.8% | -23.5pp | -20.4pp |
| Net Margin | -91.8% | -36.8% | -59.6% | -55.0pp | -32.2pp |
| EPS (Diluted) | $-45.50 | $-23.90 | $-29.30 | -90.4% | -55.3% |
| Free Cash Flow | -$118.0K | -$701.0K | -$3M | 83.2% | 95.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $190.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $702.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $808.0K |
| Other Income/Expenses | -$783.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $418.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$46 |
| EPS Diluted | -$46 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $418.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $714.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$120.0K |
| Capital Expenditure | $2.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2.0K |
| Net Debt Issuance | -$473.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$473.0K |
| FREE CASH FLOW | -$118.0K |
| Net Change in Cash | -$591.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $432.0K |
| Short-Term Investments | $0 |
| Net Receivables | $913.0K |
| Inventory | $5M |
| Other Current Assets | $567.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $383.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $30M |
| Account Payables | $2M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $62.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $74M |
| Retained Earnings | -$65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $17M |
| Net Debt | $17M |
