| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -9.3% | -16.7% |
| Op. Income | -$190.0K | -$151.0K | $259.0K | -25.8% | -173.4% |
| Gross Margin | 47.1% | 46.7% | 58.1% | 0.4pp | -11.0pp |
| Net Margin | 0.3% | 5.5% | 10.0% | -5.2pp | -9.7pp |
| EPS (Diluted) | $0.00 | $0.02 | $0.03 | -94.7% | -97.0% |
| Free Cash Flow | -$413.0K | $392.0K | $405.0K | -205.4% | -202.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $979.0K |
| GROSS PROFIT | $872.0K |
| R&D Expenses | $319.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $743.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$190.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $207.0K |
| INCOME BEFORE TAX | $17.0K |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $6.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94.0K |
| D&A | $62.0K |
| EBIT | -$190.0K |
| EBITDA | -$128.0K |
| EPS | -$0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6.0K |
| Depreciation & Amortization | $62.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$168.0K |
| Change in Working Capital | -$313.0K |
| OPERATING CASH FLOW | -$413.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | -$413.0K |
| Net Change in Cash | -$518.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $7M |
| Net Receivables | $958.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $393.0K |
| Goodwill | $0 |
| Intangible Assets | $89.0K |
| Long-Term Investments | $0 |
| Tax Assets | $8.0K |
| Other Non-Current Assets | $39.0K |
| TOTAL NON-CURRENT ASSETS | $529.0K |
| TOTAL ASSETS | $13M |
| Account Payables | $358.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $219.0K |
| TOTAL CURRENT LIABILITIES | $949.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $60.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$133.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $204.0K |
| Net Debt | -$4M |
