| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | — | 21.8% | — |
| Op. Income | -$1M | -$6M | — | 76.5% | — |
| Gross Margin | 15.6% | 5.4% | — | 10.1pp | — |
| Net Margin | -16.4% | -53.8% | — | 37.4pp | — |
| EPS (Diluted) | $-0.04 | $-0.11 | — | 62.1% | — |
| Free Cash Flow | $673.6K | -$3M | — | 125.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $356.9K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$1M |
| Interest Income | $2.2K |
| Interest Expense | $386.8K |
| Other Income/Expenses | -$159.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $317.8K |
| 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 | $319.7K |
| EBIT | -$1M |
| EBITDA | -$832.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $319.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $317.8K |
| Other Non-Cash Items | -$371.8K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $700.5K |
| Capital Expenditure | -$26.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62.9K |
| NET CASH FROM INVESTING | $36.0K |
| Net Debt Issuance | -$716.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $38.0K |
| NET CASH FROM FINANCING | -$678.6K |
| FREE CASH FLOW | $673.6K |
| Net Change in Cash | $500.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $5M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $60M |
| Account Payables | $2M |
| Short-Term Debt | $23M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $277.7K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$70M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$17M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $48M |
| Net Debt | $43M |
