| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $42M | $45M | -20.5% | -25.7% |
| Op. Income | -$98M | -$173M | $34M | 43.5% | -386.8% |
| Gross Margin | -11.8% | 22.7% | 65.8% | -34.6pp | -77.7pp |
| Net Margin | -255.1% | -339.4% | 53.0% | 84.3pp | -308.1pp |
| EPS (Diluted) | $-0.40 | $-0.70 | $0.13 | 42.9% | -407.7% |
| Free Cash Flow | -$21M | -$39M | -$46M | 47.0% | 54.9% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $37M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $0 |
| Selling & Marketing | $32.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $84M |
| Operating Expenses | $94M |
| Cost & Expenses | $131M |
| OPERATING INCOME | -$98M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$90M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $21M |
| EBIT | -$86M |
| EBITDA | -$65M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$85M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $98M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4.0K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $7M |
| Net Receivables | $16M |
| Inventory | $586.0K |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $103M |
| PP&E (Net) | $268M |
| Goodwill | $0 |
| Intangible Assets | $260.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $274M |
| TOTAL ASSETS | $377M |
| Account Payables | $9M |
| Short-Term Debt | $62M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $424M |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | -$62M |
| TOTAL STOCKHOLDERS' EQUITY | $263M |
| Minority Interest | $0 |
| TOTAL EQUITY | $263M |
| TOTAL LIABILITIES & EQUITY | $377M |
| Total Debt | $96M |
| Net Debt | $60M |
