| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $15M | 7.5% | -8.0% |
| Op. Income | -$4M | -$4M | $2M | 7.8% | -320.9% |
| Gross Margin | 22.3% | 19.7% | 29.9% | 2.6pp | -7.6pp |
| Net Margin | -29.4% | -34.4% | 11.3% | 5.0pp | -40.7pp |
| EPS (Diluted) | $-2.18 | $-2.39 | $1.00 | 8.8% | -318.0% |
| Free Cash Flow | -$3M | -$4M | -$5M | 31.0% | 40.7% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$4M |
| Interest Expense | $93.7K |
| Other Income/Expenses | -$94.6K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $16.0K |
| 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 | $224.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $224.0K |
| Stock-Based Compensation | $136.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $601.1K |
| Change in Working Capital | $187.4K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$138.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16.6K |
| NET CASH FROM INVESTING | -$138.4K |
| Net Debt Issuance | $272.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1 |
| NET CASH FROM FINANCING | $272.5K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $30M |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $948.8K |
| Goodwill | $58.9K |
| Intangible Assets | $170.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $567.6K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $41M |
| Account Payables | $7M |
| Short-Term Debt | $6M |
| Deferred Revenue | $563.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $690.7K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $744.7K |
| TOTAL LIABILITIES | $20M |
| Common Stock | $465.8K |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $6M |
| Net Debt | $5M |
