| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $5M | 8.3% | 55.1% |
| Op. Income | -$32M | -$32M | -$21M | -0.2% | -55.5% |
| Gross Margin | 25.1% | 22.1% | 24.8% | 3.0pp | 0.3pp |
| Net Margin | -440.5% | -482.1% | -445.8% | 41.6pp | 5.3pp |
| EPS (Diluted) | $-3952.80 | $-4054.20 | $-2666.40 | 2.5% | -48.2% |
| Free Cash Flow | -$30M | -$29M | -$20M | -3.3% | -47.0% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $5.0K |
| Operating Expenses | $34M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$32M |
| Interest Income | $436.0K |
| Interest Expense | $73.0K |
| Other Income/Expenses | $368.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $2M |
| EBIT | -$32M |
| EBITDA | -$29M |
| EPS | -$4.0K |
| EPS Diluted | -$4.0K |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $269.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$290.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$9.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$468.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $152M |
| Net Receivables | $6M |
| Inventory | $25M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $26M |
| Goodwill | $56M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $802.0K |
| TOTAL NON-CURRENT ASSETS | $106M |
| TOTAL ASSETS | $324M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $982.0K |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $136.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $594M |
| Retained Earnings | -$310M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $282M |
| Minority Interest | $0 |
| TOTAL EQUITY | $282M |
| TOTAL LIABILITIES & EQUITY | $324M |
| Total Debt | $10M |
| Net Debt | -$18M |
