| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $53M | $58M | 0.9% | -8.3% |
| Op. Income | $4M | $2M | -$8M | 150.1% | 153.9% |
| Gross Margin | 18.8% | 21.1% | 16.1% | -2.3pp | 2.7pp |
| Net Margin | -25.9% | -14.1% | 63.0% | -11.8pp | -88.9pp |
| EPS (Diluted) | $-2.34 | $-1.34 | $17.48 | -74.6% | -113.4% |
| Free Cash Flow | -$1M | -$8M | -$15M | 85.0% | 92.1% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $4M |
| Interest Income | $44.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $10M |
| EBIT | -$6M |
| EBITDA | $4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | -$588.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $565.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$44.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $623M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $625M |
| TOTAL ASSETS | $675M |
| Account Payables | $11M |
| Short-Term Debt | $46M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $732.0K |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $620M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $143.0K |
| TOTAL NON-CURRENT LIABILITIES | $620M |
| TOTAL LIABILITIES | $718M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $296M |
| Retained Earnings | -$380M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$42M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$42M |
| TOTAL LIABILITIES & EQUITY | $675M |
| Total Debt | $666M |
| Net Debt | $639M |
