| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $0 | 10.8% | — |
| Op. Income | -$20M | -$22M | -$13M | 10.6% | -47.2% |
| Gross Margin | -59.8% | -79.8% | — | 19.9pp | — |
| Net Margin | -784.5% | -891.5% | — | 107.0pp | — |
| EPS (Diluted) | $-0.37 | $-0.38 | $-0.28 | 2.6% | -32.1% |
| Free Cash Flow | -$10M | -$13M | -$12M | 22.5% | 16.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $6M |
| Selling & Marketing | $698.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$20M |
| Interest Income | $305.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $305.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$398.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $3M |
| EBIT | -$19M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$429.0K |
| Other Non-Cash Items | -$299.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $48M |
| Net Receivables | $1M |
| Inventory | $103.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $45M |
| Goodwill | $44M |
| Intangible Assets | $94M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $306M |
| Account Payables | $6M |
| Short-Term Debt | $145.0K |
| Deferred Revenue | $626.0K |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $6.0K |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $150.0K |
| Additional Paid-In Capital | $457M |
| Retained Earnings | -$207M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $306M |
| Total Debt | $5M |
| Net Debt | -$35M |
