| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -0.3% | -13.5% |
| Op. Income | -$3M | -$3M | -$1M | -14.6% | -175.9% |
| Gross Margin | 18.3% | 8.2% | 26.5% | 10.1pp | -8.2pp |
| Net Margin | -138.1% | -147.1% | -418.7% | 9.0pp | 280.5pp |
| EPS (Diluted) | $-0.05 | $-0.05 | $-0.34 | 8.9% | 85.9% |
| Free Cash Flow | -$4M | -$4M | -$348.6K | 18.2% | -955.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $339.8K |
| R&D Expenses | $811.3K |
| Selling & Marketing | $238.6K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $334.3K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $46.6K |
| Other Income/Expenses | $598.9K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $28.8K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $28.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$358.3K |
| Change in Working Capital | -$691.8K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$92.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$476.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $48M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $1M |
| Goodwill | $26M |
| Intangible Assets | $2M |
| Long-Term Investments | $48M |
| Tax Assets | -$48M |
| Other Non-Current Assets | $35.9K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $90M |
| Account Payables | $521.1K |
| Short-Term Debt | $1M |
| Deferred Revenue | $336.6K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$573.2K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $53.6K |
| Additional Paid-In Capital | $106M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $90M |
| Total Debt | $4M |
| Net Debt | -$3M |
