| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $6M | 6.8% | 17.3% |
| Op. Income | $15M | $17M | -$22M | -16.0% | 164.8% |
| Gross Margin | 44.0% | 36.1% | 14.7% | 7.9pp | 29.3pp |
| Net Margin | -236.7% | -291.6% | -398.7% | 54.9pp | 162.1pp |
| EPS (Diluted) | $-0.73 | $-0.80 | $-1.36 | 8.8% | 46.3% |
| Free Cash Flow | -$11M | -$11M | -$13M | 2.6% | 12.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $5M |
| Selling & Marketing | $8M |
| General & Administrative | $4M |
| SG&A Expenses | $12M |
| Other Expenses | -$28M |
| Operating Expenses | -$12M |
| Cost & Expenses | -$8M |
| OPERATING INCOME | $15M |
| Interest Income | $198.0K |
| Interest Expense | $802.0K |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | -$1 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $1M |
| EBIT | -$15M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $557.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$289.0K |
| Acquisitions (Net) | $115.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$115.0K |
| NET CASH FROM INVESTING | -$174.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $8M |
| Other Current Assets | $176.0K |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $2M |
| Goodwill | $42M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $126M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $990.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $362M |
| Retained Earnings | -$273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $126M |
| Total Debt | $25M |
| Net Debt | -$32M |
