| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $3M | 11.7% | 72.5% |
| Op. Income | -$3M | -$17M | $4M | 83.2% | -177.7% |
| Gross Margin | 77.9% | 85.8% | 81.4% | -7.9pp | -3.5pp |
| Net Margin | -72.0% | -400.3% | 123.9% | 328.3pp | -195.9pp |
| EPS (Diluted) | $-0.51 | $-2.56 | $0.58 | 80.1% | -187.9% |
| Free Cash Flow | $2M | $3M | $2M | -14.2% | 39.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$7M |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$3M |
| Interest Income | $701.8K |
| Interest Expense | $701.8K |
| Other Income/Expenses | -$701.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | -$4M |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$478.1K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$212.9K |
| Sales/Maturities of Investments | $713.9K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $501.0K |
| Net Debt Issuance | -$225.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $26.8K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$49.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74.0K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $144M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $144M |
| TOTAL ASSETS | $148M |
| Account Payables | $0 |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.8K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $134M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $148M |
| Total Debt | $55M |
| Net Debt | $55M |
