| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $401.0K | $1M | 190.0% | -12.8% |
| Op. Income | -$10M | -$8M | -$4M | -31.9% | -129.5% |
| Gross Margin | 95.2% | 85.0% | 96.7% | 10.1pp | -1.5pp |
| Net Margin | -884.1% | -1956.9% | -394.4% | 1072.8pp | -489.7pp |
| EPS (Diluted) | $-0.03 | $-0.25 | $-0.00 | 88.2% | -568.2% |
| Free Cash Flow | -$5M | -$9M | -$5M | 49.3% | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $56.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$10M |
| Interest Income | $63.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$215.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $54.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $54.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $285.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$224.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$224.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$571.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $251.0K |
| Net Receivables | $96.0K |
| Inventory | $330.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $108M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $0 |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $12M |
| Net Debt | -$85M |
