| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $8M | $8M | -35.4% | -35.9% |
| Op. Income | -$5M | -$2M | -$1M | -142.5% | -295.0% |
| Gross Margin | 74.1% | 72.6% | 76.1% | 1.4pp | -2.0pp |
| Net Margin | -97.5% | -30.6% | -22.4% | -66.9pp | -75.1pp |
| EPS (Diluted) | $-0.15 | $-0.07 | $-0.05 | -114.3% | -200.0% |
| Free Cash Flow | -$2M | -$2M | -$700.0K | 3.6% | -217.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $99.0K |
| Other Income/Expenses | -$99.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $70.0K |
| 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 | $404.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $404.0K |
| Stock-Based Compensation | $339.0K |
| Deferred Income Tax | $70.0K |
| Other Non-Cash Items | $515.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $108.0K |
| NET CASH FROM INVESTING | $93.0K |
| Net Debt Issuance | -$162.0K |
| Common Stock Repurchased | -$53.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$470.0K |
| NET CASH FROM FINANCING | -$685.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $271.0K |
| Net Receivables | $6M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $863.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $68M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $363.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $0 |
| Net Debt | -$49M |
