| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $19M | $21M | -82.9% | -84.9% |
| Op. Income | -$5M | $11M | $15M | -144.7% | -133.7% |
| Gross Margin | -131.5% | 64.1% | 72.0% | -195.6pp | -203.5pp |
| Net Margin | -159.8% | 38.9% | 69.8% | -198.6pp | -229.6pp |
| EPS (Diluted) | $-0.12 | $0.18 | $0.38 | -166.7% | -131.6% |
| Free Cash Flow | -$10M | -$20M | $7M | 51.4% | -242.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $799.0K |
| SG&A Expenses | $799.0K |
| Other Expenses | $0 |
| Operating Expenses | $799.0K |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$5M |
| Interest Income | $21M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $0 |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$105M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$27.0K |
| NET CASH FROM FINANCING | $129.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $756M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $768M |
| TOTAL LIABILITIES | $786M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $571M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $505M |
| Minority Interest | $0 |
| TOTAL EQUITY | $505M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $756M |
| Net Debt | $716M |
