| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | -18.0% | 24.0% |
| Op. Income | -$774.0K | -$379.0K | -$592.0K | -104.2% | -30.7% |
| Gross Margin | 18.8% | 24.0% | 46.1% | -5.2pp | -27.3pp |
| Net Margin | -51.3% | -7.9% | -4.4% | -43.4pp | -46.9pp |
| EPS (Diluted) | $-0.20 | $-0.04 | $-0.02 | -400.0% | -900.0% |
| Free Cash Flow | -$852.0K | -$442.0K | -$215.0K | -92.8% | -296.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $336.0K |
| R&D Expenses | $357.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $810.0K |
| Other Expenses | -$57.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$774.0K |
| Interest Income | $0 |
| Interest Expense | $94.0K |
| Other Income/Expenses | -$137.0K |
| INCOME BEFORE TAX | -$911.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$916.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$916.0K |
| D&A | $197.0K |
| EBIT | -$817.0K |
| EBITDA | -$620.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$916.0K |
| Depreciation & Amortization | $197.0K |
| Stock-Based Compensation | $132.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$279.0K |
| Change in Working Capital | $34.0K |
| OPERATING CASH FLOW | -$832.0K |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $43.0K |
| NET CASH FROM INVESTING | $23.0K |
| Net Debt Issuance | -$108.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22.0K |
| NET CASH FROM FINANCING | -$130.0K |
| FREE CASH FLOW | -$852.0K |
| Net Change in Cash | -$696.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $86.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $105.0K |
| Long-Term Investments | $966.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $170.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $16M |
| Account Payables | $612.0K |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $0 |
| Additional Paid-In Capital | $183M |
| Retained Earnings | -$183M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $48.0K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $9M |
| Net Debt | $6M |
