| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $36M | $46M | 41.7% | 11.7% |
| Op. Income | -$2M | -$6M | -$11M | 71.0% | 83.7% |
| Gross Margin | 29.3% | 30.0% | 26.0% | -0.7pp | 3.3pp |
| Net Margin | -3.0% | -15.9% | -25.0% | 12.9pp | 22.0pp |
| EPS (Diluted) | $-0.38 | $-1.93 | $-4.53 | 80.3% | 91.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $8M |
| General & Administrative | $6M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $281.1K |
| Other Income/Expenses | $226.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $108.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$409.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | -$14M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $30M |
| Goodwill | $67.4K |
| Intangible Assets | $8M |
| Long-Term Investments | $11M |
| Tax Assets | $88.4K |
| Other Non-Current Assets | $575.4K |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $184M |
| Account Payables | $28M |
| Short-Term Debt | $30M |
| Deferred Revenue | $831.7K |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$79M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | -$159.7K |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $184M |
| Total Debt | $58M |
| Net Debt | $13M |
