| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $7M | — | 109.3% |
| Op. Income | -$21M | — | -$17M | — | -22.8% |
| Gross Margin | 6.6% | — | -25.2% | — | 31.7pp |
| Net Margin | -142.4% | — | -244.8% | — | 102.4pp |
| EPS (Diluted) | $-0.13 | — | $-0.11 | — | -18.2% |
| Free Cash Flow | -$30M | — | -$19M | — | -56.1% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $965.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $3.0K |
| Other Income/Expenses | $76.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$4.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $911.0K |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $911.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$14.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $127M |
| NET CASH FROM FINANCING | $127M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $34M |
| Other Current Assets | $101M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $27M |
| Goodwill | $8M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $182M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $103M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $140M |
| Common Stock | $43M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $182M |
| Total Debt | $3M |
| Net Debt | $429.0K |
