| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $10M | 7.9% | 17.4% |
| Op. Income | -$807.0K | -$1M | -$936.0K | 25.9% | 13.8% |
| Gross Margin | 72.5% | 71.4% | 69.2% | 1.0pp | 3.3pp |
| Net Margin | -3.2% | -11.2% | -10.5% | 8.0pp | 7.2pp |
| EPS (Diluted) | $-0.03 | $-0.09 | $-0.08 | 69.1% | 64.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $5M |
| Selling & Marketing | $3M |
| General & Administrative | $1M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$807.0K |
| Interest Income | $448.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $448.0K |
| INCOME BEFORE TAX | -$359.0K |
| Income Tax Expense | $30.0K |
| Net Income from Continuing Ops | -$389.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$389.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$389.0K |
| D&A | $135.0K |
| EBIT | -$807.0K |
| EBITDA | -$672.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$389.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $389.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$400.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $55M |
| Net Receivables | $15M |
| Inventory | $403.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $96M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $147M |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $96M |
| Total Debt | $3M |
| Net Debt | -$13M |
