| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $10M | 10.8% | 5.0% |
| Op. Income | -$8M | -$9M | -$2M | 11.7% | -215.7% |
| Gross Margin | 87.1% | 88.3% | 90.7% | -1.2pp | -3.6pp |
| Net Margin | -60.5% | -86.0% | -26.4% | 25.5pp | -34.0pp |
| EPS (Diluted) | $-0.06 | $-0.08 | $-0.03 | 17.6% | -125.7% |
| Free Cash Flow | -$9M | -$6M | -$2M | -59.7% | -341.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $5M |
| Selling & Marketing | $5M |
| General & Administrative | $6M |
| SG&A Expenses | $11M |
| Other Expenses | $709.8K |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$8M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $743.3K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $743.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $444.4K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $190M |
| Net Receivables | $7M |
| Inventory | $8M |
| Other Current Assets | $775.0K |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $286M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $344.6K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $1M |
| Additional Paid-In Capital | $386M |
| Retained Earnings | -$133M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $254M |
| Minority Interest | $0 |
| TOTAL EQUITY | $254M |
| TOTAL LIABILITIES & EQUITY | $286M |
| Total Debt | $15M |
| Net Debt | -$28M |
