| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $2M | 9.0% | 119.5% |
| Op. Income | -$4M | -$4M | -$2M | -5.4% | -104.2% |
| Gross Margin | -2.9% | -0.0% | 2.0% | -2.8pp | -4.9pp |
| Net Margin | -99.6% | -103.1% | -127.4% | 3.5pp | 27.7pp |
| EPS (Diluted) | $-3.08 | $-2.94 | $-2.56 | -4.8% | -20.3% |
| Free Cash Flow | -$3M | -$5M | -$2M | 41.7% | -58.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$116.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $480.6K |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$4M |
| Interest Income | $27.0K |
| Interest Expense | $29.7K |
| Other Income/Expenses | -$2.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $375.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $480.6K |
| Stock-Based Compensation | $272.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12.7K |
| Change in Working Capital | $354.7K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$221.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$330.0K |
| Sales/Maturities of Investments | $330.0K |
| Other Investing Activities | $330.0K |
| NET CASH FROM INVESTING | $108.5K |
| Net Debt Issuance | $29.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $29.8K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $2M |
| Net Receivables | $658.4K |
| Inventory | $137.5K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $6M |
| Goodwill | $166.8K |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54.2K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $17M |
| Account Payables | $827.4K |
| Short-Term Debt | $2M |
| Deferred Revenue | -$224.6K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2.6K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $4M |
| Net Debt | -$765.1K |
