| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $7M | $775.0K | -56.3% | 315.4% |
| Op. Income | -$3M | -$1M | -$6M | -116.0% | 50.5% |
| Gross Margin | 62.7% | 62.7% | 20.4% | -0.0pp | 42.3pp |
| Net Margin | -94.6% | -21.2% | -786.3% | -73.4pp | 691.7pp |
| EPS (Diluted) | $-0.13 | $-0.06 | $-0.24 | -109.7% | 45.8% |
| Free Cash Flow | -$4M | $2M | -$3M | -317.8% | -25.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $744.0K |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $150.0K |
| Other Income/Expenses | -$150.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $170.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $170.0K |
| Stock-Based Compensation | $949.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30.0K |
| Change in Working Capital | $193.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35.0K |
| NET CASH FROM FINANCING | $35.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $481.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $115.0K |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $22M |
| Account Payables | $1M |
| Short-Term Debt | $708.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $115M |
| Retained Earnings | -$104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $6M |
| Net Debt | -$7M |
