| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $7M | 9.1% | 29.5% |
| Op. Income | -$6M | -$6M | -$6M | 9.7% | 3.4% |
| Gross Margin | 83.2% | 83.4% | 84.5% | -0.2pp | -1.3pp |
| Net Margin | -61.5% | -75.1% | -84.7% | 13.7pp | 23.3pp |
| EPS (Diluted) | $-0.35 | $-0.36 | $-0.24 | 2.8% | -45.8% |
| Free Cash Flow | -$3M | -$4M | -$660.0K | 22.4% | -339.7% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $4M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | -$904.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$6M |
| Interest Income | $9.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $164.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$6M |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $138.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $138.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $257.0K |
| Change in Working Capital | $980.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$125.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$21.0K |
| NET CASH FROM INVESTING | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $61M |
| Net Receivables | $5M |
| Inventory | $2M |
| Other Current Assets | $215.0K |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $449.0K |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $100M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $437.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $740.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | -$257M |
| Accum. Other Comp. Income | $7M |
| Other Equity | -$127.0K |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $100M |
| Total Debt | $1M |
| Net Debt | -$22M |
