| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $2M | 19.4% | 89.2% |
| Op. Income | -$61.1K | -$460.4K | -$256.0K | 86.7% | 76.1% |
| Gross Margin | 37.2% | 28.7% | 33.3% | 8.4pp | 3.9pp |
| Net Margin | -2.4% | -13.0% | 22.5% | 10.6pp | -24.9pp |
| EPS (Diluted) | $-0.02 | $-0.09 | $0.12 | 77.9% | -116.9% |
| Free Cash Flow | -$209.4K | -$540.5K | $111.6K | 61.3% | -287.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $214.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$61.1K |
| Interest Income | $0 |
| Interest Expense | $52.8K |
| Other Income/Expenses | -$52.8K |
| INCOME BEFORE TAX | -$113.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$113.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$113.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$113.9K |
| D&A | $30.2K |
| EBIT | -$61.1K |
| EBITDA | -$30.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$113.9K |
| Depreciation & Amortization | $30.2K |
| Stock-Based Compensation | $231.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36.0K |
| Change in Working Capital | -$348.2K |
| OPERATING CASH FLOW | -$164.8K |
| Capital Expenditure | -$44.6K |
| Acquisitions (Net) | -$166.7K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$211.2K |
| Net Debt Issuance | -$102.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $46.6K |
| NET CASH FROM FINANCING | -$55.6K |
| FREE CASH FLOW | -$209.4K |
| Net Change in Cash | -$431.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $831.6K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $766.8K |
| Goodwill | $9M |
| Intangible Assets | $213.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $17M |
| Account Payables | $3M |
| Short-Term Debt | $367.7K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $898.9K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $697.4K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $168.9K |
| Additional Paid-In Capital | $57M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $3M |
| Net Debt | $2M |
