| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $2M | — | 288.1% |
| Op. Income | -$7M | — | -$8M | — | 9.0% |
| Gross Margin | 61.5% | — | -69.7% | — | 131.2pp |
| Net Margin | -93.0% | — | -410.9% | — | 317.9pp |
| EPS (Diluted) | $-0.32 | — | $-0.33 | — | 3.0% |
| Free Cash Flow | -$4M | — | -$4M | — | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $9M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$7M |
| Interest Income | $91.0K |
| Interest Expense | $4.0K |
| Other Income/Expenses | $129.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$16.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $3M |
| EBIT | -$7M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $233.0K |
| Change in Working Capital | $486.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$495.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62.0K |
| NET CASH FROM INVESTING | -$433.0K |
| Net Debt Issuance | -$406.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $265.0K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $361.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $58M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $238.0K |
| Additional Paid-In Capital | $155M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $5M |
| Net Debt | -$19M |
