| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $9M | 6.9% | 42.7% |
| Op. Income | -$1M | -$3M | -$2M | 46.2% | 22.1% |
| Gross Margin | 55.4% | 52.7% | 56.2% | 2.7pp | -0.8pp |
| Net Margin | -12.3% | -25.8% | -21.2% | 13.4pp | 8.8pp |
| EPS (Diluted) | $-0.07 | $-0.13 | $-0.08 | 45.8% | 15.6% |
| Free Cash Flow | -$870.0K | -$7M | -$1M | 87.1% | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8M |
| Operating Expenses | $8M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$1M |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $22.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $150.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $257.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $257.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$601.0K |
| Capital Expenditure | -$269.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32.0K |
| NET CASH FROM INVESTING | -$301.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.0K |
| FREE CASH FLOW | -$870.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $7M |
| Goodwill | $2M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $154.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $58M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $921.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $385.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$61M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$640.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $3M |
| Net Debt | -$22M |
