| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $11M | -1.5% | 7.7% |
| Op. Income | -$4M | -$5M | -$2M | 26.5% | -96.5% |
| Gross Margin | 31.9% | -9.6% | 18.3% | 41.5pp | 13.6pp |
| Net Margin | -52.4% | -47.4% | -19.6% | -5.0pp | -32.9pp |
| EPS (Diluted) | $-0.07 | $-0.06 | $-0.02 | -5.3% | -180.0% |
| Free Cash Flow | -$4M | -$9M | -$4M | 54.5% | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $8M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$4M |
| Interest Income | $21.7K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $36.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $130.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $130.0K |
| Stock-Based Compensation | $297.5K |
| Deferred Income Tax | $35.8K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$37.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19.5K |
| NET CASH FROM INVESTING | -$517.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $832.2K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $5M |
| Net Receivables | $13M |
| Inventory | $7M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $170.9K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $49M |
| Account Payables | $5M |
| Short-Term Debt | $761.7K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $926.3K |
| Additional Paid-In Capital | $361M |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | -$172.6K |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $4M |
| Net Debt | -$6M |
