| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $51M | $38M | 9.6% | 45.4% |
| Op. Income | -$36M | -$24M | -$6M | -50.1% | -484.6% |
| Gross Margin | 62.3% | 61.4% | 63.6% | 0.9pp | -1.3pp |
| Net Margin | -65.0% | -47.8% | -17.5% | -17.2pp | -47.5pp |
| EPS (Diluted) | $-0.71 | $-0.48 | $-0.17 | -47.9% | -317.6% |
| Free Cash Flow | -$39M | -$10M | -$4M | -295.0% | -792.4% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $35M |
| R&D Expenses | $15M |
| Selling & Marketing | $32M |
| General & Administrative | $18M |
| SG&A Expenses | $50M |
| Other Expenses | $5M |
| Operating Expenses | $71M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$36M |
| Interest Income | $20.0K |
| Interest Expense | $331.0K |
| Other Income/Expenses | -$425.0K |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $178.0K |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $6M |
| EBIT | -$36M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $229.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$425.0K |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $400M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $12M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $464M |
| PP&E (Net) | $35M |
| Goodwill | $8M |
| Intangible Assets | $16M |
| Long-Term Investments | $2M |
| Tax Assets | $150.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $529M |
| Account Payables | $12M |
| Short-Term Debt | $397.0K |
| Deferred Revenue | $12M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $71M |
| Common Stock | $513.0K |
| Additional Paid-In Capital | $849M |
| Retained Earnings | -$383M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $458M |
| Minority Interest | $0 |
| TOTAL EQUITY | $458M |
| TOTAL LIABILITIES & EQUITY | $529M |
| Total Debt | $9M |
| Net Debt | -$392M |
