| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129.0K | $50.0K | $200.0K | 158.0% | -35.5% |
| Op. Income | -$22M | -$24M | -$21M | 8.8% | -4.4% |
| Gross Margin | 89.1% | 76.0% | 8.0% | 13.1pp | 81.1pp |
| Net Margin | -16510.1% | -45744.0% | -2807.0% | 29233.9pp | -13703.1pp |
| EPS (Diluted) | $-220.66 | $-239.02 | $-78.71 | 7.7% | -180.3% |
| Free Cash Flow | -$25M | -$23M | -$26M | -8.3% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $129.0K |
| Cost of Revenue | $14.0K |
| GROSS PROFIT | $115.0K |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $41.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$22M |
| Interest Income | $28.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $342.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| 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 | $529.0K |
| EBIT | -$20M |
| EBITDA | -$20M |
| EPS | -$221 |
| EPS Diluted | -$221 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $529.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$928.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $434.0K |
| NET CASH FROM INVESTING | $304.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$168.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $124.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $343.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $109M |
| Account Payables | $2M |
| Short-Term Debt | $11M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | -$280M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $24M |
| Net Debt | -$58M |
