| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181.9K | $305.6K | $132.1K | -40.5% | 37.7% |
| Op. Income | -$601.9K | -$673.2K | -$246.1K | 10.6% | -144.6% |
| Gross Margin | 5.0% | -38.8% | -31.4% | 43.8pp | 36.4pp |
| Net Margin | -448.7% | -288.1% | -308.3% | -160.6pp | -140.4pp |
| EPS (Diluted) | $-1.00 | $-0.73 | $-0.36 | -37.0% | -177.8% |
| Free Cash Flow | -$791.4K | -$353.0K | $0 | -124.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $181.9K |
| Cost of Revenue | $172.8K |
| GROSS PROFIT | $9.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $77.9K |
| General & Administrative | $495.8K |
| SG&A Expenses | $573.7K |
| Other Expenses | $37.3K |
| Operating Expenses | $611.0K |
| Cost & Expenses | $783.8K |
| OPERATING INCOME | -$601.9K |
| Interest Income | $2.9K |
| Interest Expense | $217.3K |
| Other Income/Expenses | -$214.4K |
| INCOME BEFORE TAX | -$816.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$816.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$816.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$816.3K |
| D&A | $37.3K |
| EBIT | -$598.9K |
| EBITDA | -$561.7K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$816.3K |
| Depreciation & Amortization | $37.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $74.2K |
| Change in Working Capital | -$86.6K |
| OPERATING CASH FLOW | -$791.4K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4.7K |
| NET CASH FROM INVESTING | $4.7K |
| Net Debt Issuance | -$39.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$51.3K |
| NET CASH FROM FINANCING | -$90.9K |
| FREE CASH FLOW | -$791.4K |
| Net Change in Cash | -$877.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236.5K |
| Short-Term Investments | $0 |
| Net Receivables | $168.2K |
| Inventory | $220.2K |
| Other Current Assets | $931.8K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $620.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $3M |
| Account Payables | $250.7K |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $488.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $34.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $34.5K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $6M |
| Net Debt | $6M |
