| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $29M | $30M | -7.8% | -9.2% |
| Op. Income | -$4M | $4M | $548.0K | -194.1% | -786.5% |
| Gross Margin | 45.2% | 57.0% | 55.0% | -11.7pp | -9.8pp |
| Net Margin | -12.6% | 8.3% | -0.6% | -21.0pp | -12.1pp |
| EPS (Diluted) | $-0.82 | $0.57 | $-0.04 | -243.0% | -1847.6% |
| Free Cash Flow | $207.0K | -$632.0K | -$1M | 132.8% | 118.2% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $12M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $16M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $749.0K |
| Other Income/Expenses | -$928.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$1M |
| 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 | $2M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $649.0K |
| Capital Expenditure | -$442.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$442.0K |
| Net Debt Issuance | $700.0K |
| Common Stock Repurchased | -$387.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64.0K |
| NET CASH FROM FINANCING | $377.0K |
| FREE CASH FLOW | $207.0K |
| Net Change in Cash | $885.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $26M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $10M |
| Goodwill | $55M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $95M |
| TOTAL ASSETS | $147M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $420.0K |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $453.0K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | -$141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $147M |
| Total Debt | $57M |
| Net Debt | $52M |
