| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -3.6% | -14.5% |
| Op. Income | -$2M | -$2M | -$2M | 3.7% | -2.5% |
| Gross Margin | -14.6% | -20.3% | -14.3% | 5.7pp | -0.2pp |
| Net Margin | -67.2% | -60.6% | -13.1% | -6.6pp | -54.1pp |
| EPS (Diluted) | $-0.66 | $-0.62 | $-0.84 | -6.6% | 21.0% |
| Free Cash Flow | -$2M | -$1M | -$1M | -47.2% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$411.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $11.3K |
| Interest Expense | $0 |
| Other Income/Expenses | -$246.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $2.4K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $524.7K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $524.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30.7K |
| Change in Working Capital | -$104.8K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$291.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70.8K |
| NET CASH FROM INVESTING | -$220.8K |
| Net Debt Issuance | -$63.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$63.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $524.4K |
| Inventory | $336.8K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $155.5K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $25M |
| Account Payables | $1M |
| Short-Term Debt | $240.1K |
| Deferred Revenue | $120.0K |
| Other Current Liabilities | $287.5K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $794.7K |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $4M |
| Net Debt | -$8M |
