| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | -8.4% | 32.9% |
| Op. Income | -$6M | -$6M | -$4M | 4.5% | -39.4% |
| Gross Margin | 86.9% | 83.4% | 76.1% | 3.5pp | 10.8pp |
| Net Margin | -276.0% | -247.4% | -268.5% | -28.5pp | -7.4pp |
| EPS (Diluted) | $-1.13 | $-1.13 | $-0.86 | 0.0% | -31.4% |
| Free Cash Flow | -$5M | -$3M | -$3M | -42.0% | -33.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $258.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$6M |
| Interest Income | $103.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $103.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $153.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $153.0K |
| Stock-Based Compensation | $566.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | $114.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| 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 | $0 |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $364.0K |
| Inventory | $2M |
| Other Current Assets | $250.0K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $656.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $29M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $645.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $163M |
| Retained Earnings | -$141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$154.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $716.0K |
| Net Debt | -$21M |
