| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -0.3% | 51.1% |
| Op. Income | -$6M | -$3M | -$1M | -139.7% | -463.2% |
| Gross Margin | -26.8% | 15.0% | 26.7% | -41.9pp | -53.5pp |
| Net Margin | -441.9% | -112.3% | -65.8% | -329.6pp | -376.2pp |
| EPS (Diluted) | $-48.24 | $-5.13 | $-9.36 | -839.7% | -415.4% |
| Free Cash Flow | -$38M | -$7M | -$1M | -428.4% | -3327.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$799.6K |
| R&D Expenses | $243.0K |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $141.9K |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| 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 | -$18M |
| D&A | $141.9K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$48 |
| EPS Diluted | -$48 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $141.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $53M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $6M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $77.9K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $58M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $4.7K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $21M |
| Net Debt | -$15M |
