| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $10M | $10M | 39.4% | 41.5% |
| Op. Income | -$804.0K | -$1M | -$1M | 41.5% | 37.2% |
| Gross Margin | 46.8% | 55.8% | 55.9% | -8.9pp | -9.1pp |
| Net Margin | -2.7% | -1.8% | -96.9% | -0.9pp | 94.2pp |
| EPS (Diluted) | $-0.04 | $-0.02 | $-1.42 | -103.2% | 96.9% |
| Free Cash Flow | -$5M | $6M | -$5M | -184.7% | 3.0% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$804.0K |
| Interest Income | $0 |
| Interest Expense | $97.0K |
| Other Income/Expenses | $374.0K |
| INCOME BEFORE TAX | -$430.0K |
| Income Tax Expense | -$26.0K |
| Net Income from Continuing Ops | -$404.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$385.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$474.0K |
| D&A | $1M |
| EBIT | -$333.0K |
| EBITDA | $698.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$385.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$211.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$211.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $92.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $2M |
| Goodwill | $14M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $16M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $100M |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $285.0K |
| Other Current Liabilities | $764.0K |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $174.0K |
| Additional Paid-In Capital | $520M |
| Retained Earnings | -$470M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$101.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $100M |
| Total Debt | $16.0K |
| Net Debt | -$20M |
