| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $2M | 14.8% | 121.5% |
| Op. Income | -$3M | -$3M | -$2M | 6.3% | -56.6% |
| Gross Margin | 27.8% | 20.6% | 37.9% | 7.2pp | -10.1pp |
| Net Margin | -55.7% | -58.6% | -88.9% | 2.9pp | 33.2pp |
| EPS (Diluted) | $-0.13 | $-0.12 | $-0.11 | -8.3% | -18.2% |
| Free Cash Flow | -$12M | -$3M | -$6M | -362.5% | -99.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $286.0K |
| Selling & Marketing | $133.4K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $214.9K |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $94.1K |
| Other Income/Expenses | -$156.9K |
| 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 | $127.2K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $127.2K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $235.2K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$143.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.3K |
| NET CASH FROM INVESTING | -$142.3K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $523.5K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208.2K |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $29M |
| Other Current Assets | $201.6K |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $42M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $200.4K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $985.6K |
| TOTAL NON-CURRENT LIABILITIES | $985.6K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $67M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $5M |
| Net Debt | $4M |
