| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $48M | $36M | 5.1% | 40.5% |
| Op. Income | -$21M | -$26M | -$17M | 22.1% | -23.3% |
| Gross Margin | 72.5% | 70.6% | 78.1% | 1.9pp | -5.6pp |
| Net Margin | -42.0% | -46.4% | -48.7% | 4.4pp | 6.7pp |
| EPS (Diluted) | $-0.28 | $-0.29 | $-0.23 | 3.4% | -21.7% |
| Free Cash Flow | -$29M | -$29M | -$17M | -2.1% | -72.5% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $36M |
| R&D Expenses | $15M |
| Selling & Marketing | $30M |
| General & Administrative | $12M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $627.0K |
| Other Income/Expenses | -$627.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$249.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $2M |
| EBIT | -$21M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $403.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $294.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$73.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $143.0K |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $74M |
| Goodwill | $13M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $252M |
| Account Payables | $9M |
| Short-Term Debt | $25M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $220M |
| Common Stock | $208.0K |
| Additional Paid-In Capital | $341M |
| Retained Earnings | -$309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$959.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $252M |
| Total Debt | $76M |
| Net Debt | -$15M |
