| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $21M | 8.4% | -42.7% |
| Op. Income | -$14M | -$21M | -$18M | 34.0% | 22.0% |
| Gross Margin | 55.7% | 46.2% | 65.2% | 9.4pp | -9.6pp |
| Net Margin | -135.6% | -408.3% | -25.0% | 272.6pp | -110.6pp |
| EPS (Diluted) | $-1.98 | $-5.53 | $-0.63 | 64.2% | -215.3% |
| Free Cash Flow | -$7M | -$9M | $2M | 22.7% | -498.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$14M |
| Interest Income | $50.3K |
| Interest Expense | $0 |
| Other Income/Expenses | -$59.1K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$934.9K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $12M |
| EBIT | -$14M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $331.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$707.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $644.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $29M |
| Net Receivables | $0 |
| Inventory | $11.5K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $1M |
| Goodwill | $9M |
| Intangible Assets | $13M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $171M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $47M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $115M |
| Minority Interest | $6M |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $169M |
| Total Debt | $1M |
| Net Debt | -$63M |
