| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $19M | $19M | -46.6% | -46.8% |
| Op. Income | -$12M | -$2M | -$1M | -431.6% | -789.0% |
| Gross Margin | -68.3% | 8.1% | 6.1% | -76.4pp | -74.4pp |
| Net Margin | -116.2% | -13.3% | -7.4% | -102.9pp | -108.7pp |
| EPS (Diluted) | $0.01 | $-0.02 | $-0.00 | 138.0% | 4050.0% |
| Free Cash Flow | -$24M | $8M | -$18M | -404.3% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $17M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $276.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $270.0K |
| Other Income/Expenses | -$515.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$380.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $276.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $276.0K |
| Stock-Based Compensation | $145.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $261.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$17M |
| 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 | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $62.0K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $61M |
| Account Payables | $7M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$85M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $13M |
| TOTAL STOCKHOLDERS' EQUITY | -$70M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$70M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $23M |
| Net Debt | $14M |
