| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $1M | 58.9% | 31.3% |
| Op. Income | -$2M | -$7M | -$5M | 67.8% | 55.8% |
| Gross Margin | 80.0% | 86.6% | 62.3% | -6.6pp | 17.7pp |
| Net Margin | -201.4% | -856.5% | -319.6% | 655.1pp | 118.2pp |
| EPS (Diluted) | $-0.05 | $-0.14 | $-0.07 | 63.7% | 27.3% |
| Free Cash Flow | -$5M | -$2M | $0 | -183.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $356.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $14.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $481.8K |
| Income Tax Expense | $684.0K |
| Net Income from Continuing Ops | -$202.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | -$4M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | -$202.2K |
| D&A | -$150.0K |
| EBIT | -$202.2K |
| EBITDA | -$202.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $247.0K |
| Stock-Based Compensation | $532.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $640.0K |
| Other Current Assets | $508.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $189.0K |
| Goodwill | $5M |
| Intangible Assets | $2M |
| Long-Term Investments | $216.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $71.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $15M |
| Account Payables | $2M |
| Short-Term Debt | $11M |
| Deferred Revenue | $388.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $81.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $81.0K |
| TOTAL LIABILITIES | $15M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $113M |
| TOTAL STOCKHOLDERS' EQUITY | -$173.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$173.0K |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $11M |
| Net Debt | $6M |
