| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6K | $1.4K | $0 | 16.7% | — |
| Op. Income | -$292.9K | -$270.7K | -$290.2K | -8.2% | -1.0% |
| Gross Margin | -49.5% | 61.4% | — | -110.9pp | — |
| Net Margin | -17949.4% | -19680.8% | — | 1731.4pp | — |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.03 | -6.3% | 1.2% |
| Free Cash Flow | -$377.1K | -$251.9K | — | -49.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6K |
| Cost of Revenue | $2.4K |
| GROSS PROFIT | -$808 |
| R&D Expenses | $126.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165.6K |
| Other Expenses | $0 |
| Operating Expenses | $292.1K |
| Cost & Expenses | $294.6K |
| OPERATING INCOME | -$292.9K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$292.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$292.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$292.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$292.9K |
| D&A | $540 |
| EBIT | -$292.9K |
| EBITDA | -$292.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$292.9K |
| Depreciation & Amortization | $540 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27.3K |
| Change in Working Capital | -$112.0K |
| OPERATING CASH FLOW | -$377.1K |
| Capital Expenditure | -$5 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $823.0K |
| FREE CASH FLOW | -$377.1K |
| Net Change in Cash | $445.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $3.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.1K |
| TOTAL ASSETS | $1M |
| Account Payables | $32.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $32.3K |
| Common Stock | $7.1K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $0 |
| Net Debt | -$1M |
