| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $371.0K | 53.2% | 532.9% |
| Op. Income | -$13M | -$23M | -$16M | 42.7% | 19.0% |
| Gross Margin | 29.3% | -10.8% | -91.1% | 40.1pp | 120.4pp |
| Net Margin | -560.9% | -1506.5% | -4418.3% | 945.5pp | 3857.4pp |
| EPS (Diluted) | $-0.18 | $-0.33 | $-0.23 | 45.5% | 21.7% |
| Free Cash Flow | -$13M | -$17M | -$11M | 23.1% | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $688.0K |
| R&D Expenses | $7M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$13M |
| Interest Income | $170.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $111.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $238.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $238.0K |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$173.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$173.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $148M |
| Account Payables | $741.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $889.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $889.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $331M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $148M |
| Total Debt | $0 |
| Net Debt | -$132M |
