| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $13M | $14M | -9.0% | -11.6% |
| Op. Income | -$344.1K | -$74.4K | -$914.6K | -362.7% | 62.4% |
| Gross Margin | 14.8% | 14.0% | 17.3% | 0.9pp | -2.4pp |
| Net Margin | -16.4% | -9.4% | -14.2% | -7.0pp | -2.2pp |
| EPS (Diluted) | $-1.93 | $-1.42 | $-2.83 | -35.9% | 31.8% |
| Free Cash Flow | -$2M | -$1M | -$4M | -47.6% | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $104.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $112.9K |
| Operating Expenses | $2M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$344.1K |
| Interest Income | $0 |
| Interest Expense | $757.8K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $398.1K |
| 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 | $112.9K |
| EBIT | -$761.2K |
| EBITDA | -$648.3K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $112.9K |
| Stock-Based Compensation | $3.1K |
| Deferred Income Tax | $429.3K |
| Other Non-Cash Items | $368.0K |
| Change in Working Capital | -$469.2K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $97.0K |
| NET CASH FROM INVESTING | $91.4K |
| Net Debt Issuance | $998.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.8K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$249.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312.4K |
| Short-Term Investments | $10.0K |
| Net Receivables | $28M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $1M |
| Goodwill | $49.7K |
| Intangible Assets | $632.7K |
| Long-Term Investments | $0 |
| Tax Assets | $262.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $46M |
| Account Payables | $11M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | -$54M |
| Treasury Stock | -$816.7K |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $46M |
| Total Debt | $23M |
| Net Debt | $23M |
