| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $2M | -23.1% | 63.2% |
| Op. Income | -$4M | -$7M | -$3M | 43.0% | -20.0% |
| Gross Margin | 39.3% | 34.7% | 54.5% | 4.6pp | -15.2pp |
| Net Margin | -121.7% | -164.4% | -189.3% | 42.7pp | 67.7pp |
| EPS (Diluted) | $-8.00 | $-13.03 | $-17.62 | 38.6% | 54.6% |
| Free Cash Flow | -$2M | -$6M | -$1M | 65.6% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | -$3M |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $5.0K |
| Other Income/Expenses | $3.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $749.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $749.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $719.0K |
| Change in Working Capital | -$765.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$235.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $26.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $24.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $32.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $1M |
| Net Receivables | $2M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $3M |
| Goodwill | $10M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $129.0K |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $34M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $219.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1 |
| TOTAL NON-CURRENT LIABILITIES | $554.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $164M |
| Retained Earnings | -$135M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $1M |
| Net Debt | -$2M |
