| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $11M | -0.2% | 11.8% |
| Op. Income | -$6M | -$7M | -$7M | 22.5% | 23.5% |
| Gross Margin | 62.8% | 65.6% | 78.9% | -2.8pp | -16.1pp |
| Net Margin | -115.9% | -300.0% | -63.6% | 184.1pp | -52.3pp |
| EPS (Diluted) | $-0.58 | $-1.48 | $-0.31 | 61.1% | -88.1% |
| Free Cash Flow | -$5M | -$6M | -$9M | 14.8% | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$65.8K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$65.8K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$520.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$520.3K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | -$11M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $3M |
| Goodwill | $51M |
| Intangible Assets | $36M |
| Long-Term Investments | $52M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $221M |
| Account Payables | $0 |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $286M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$175M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $980.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $136M |
| Minority Interest | $0 |
| TOTAL EQUITY | $136M |
| TOTAL LIABILITIES & EQUITY | $221M |
| Total Debt | $66M |
| Net Debt | $41M |
