| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$7M | $10M | $10M | -167.5% | -168.5% |
| Op. Income | -$11M | $7M | $7M | -250.0% | -257.6% |
| Gross Margin | 146.0% | 100.0% | 100.0% | 46.0pp | 46.0pp |
| Net Margin | 166.0% | -437.0% | 115.0% | 603.0pp | 51.1pp |
| EPS (Diluted) | $-0.22 | $-0.87 | $0.23 | 74.7% | -195.7% |
| Free Cash Flow | -$6M | $13M | -$39M | -142.3% | 85.6% |
| Item | Amount |
|---|---|
| REVENUE | -$7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $856.3K |
| SG&A Expenses | $856.3K |
| Other Expenses | $486.7K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$11M |
| Interest Income | $7M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $0 |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $820.5K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $341M |
| TOTAL NON-CURRENT ASSETS | $341M |
| TOTAL ASSETS | $358M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $190M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $498.0K |
| Additional Paid-In Capital | $435M |
| Retained Earnings | -$269M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $167M |
| Minority Interest | $0 |
| TOTAL EQUITY | $167M |
| TOTAL LIABILITIES & EQUITY | $358M |
| Total Debt | $186M |
| Net Debt | $172M |
