| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $3M | 23.0% | 82.2% |
| Op. Income | -$10M | -$11M | -$7M | 8.1% | -38.9% |
| Gross Margin | 78.3% | 76.1% | 74.2% | 2.2pp | 4.1pp |
| Net Margin | -158.9% | -220.1% | -180.6% | 61.1pp | 21.7pp |
| EPS (Diluted) | $-0.48 | $-0.54 | $-0.30 | 11.1% | -60.0% |
| Free Cash Flow | -$11M | -$10M | -$9M | -12.0% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $328.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $32.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $127.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $127.0K |
| Stock-Based Compensation | $929.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$264.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$264.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $127M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $761.0K |
| TOTAL NON-CURRENT LIABILITIES | $936.0K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $206.0K |
| Additional Paid-In Capital | $544M |
| Retained Earnings | -$426M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$219.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $127M |
| Total Debt | $393.0K |
| Net Debt | -$110M |
