| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $11M | $14M | 17.1% | -7.4% |
| Op. Income | -$118.0K | $2M | $1M | -104.7% | -108.9% |
| Gross Margin | 13.7% | 5.6% | 22.2% | 8.1pp | -8.5pp |
| Net Margin | -78.6% | -259.5% | 313.9% | 181.0pp | -392.5pp |
| EPS (Diluted) | $-7.15 | $-20.14 | $30.83 | 64.5% | -123.2% |
| Free Cash Flow | $3M | -$13M | $3M | 124.2% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $265.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $765.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$118.0K |
| Interest Income | $1M |
| Interest Expense | $293.0K |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$4M |
| 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 | $73.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $74.0K |
| Stock-Based Compensation | $655.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $381.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $381.0K |
| NET CASH FROM INVESTING | $370.0K |
| Net Debt Issuance | -$37.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$776.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $342M |
| Net Receivables | $15M |
| Inventory | $70.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $368M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $385M |
| Account Payables | $4M |
| Short-Term Debt | $152.0K |
| Deferred Revenue | $20M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $383.0K |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $224M |
| Minority Interest | $0 |
| TOTAL EQUITY | $224M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $76M |
| Net Debt | $68M |
