| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $5M | -22.5% | -41.2% |
| Op. Income | -$958.0K | -$964.0K | -$138.0K | 0.6% | -594.2% |
| Gross Margin | 41.5% | 33.1% | 40.4% | 8.3pp | 1.0pp |
| Net Margin | -32.5% | -2.7% | -13.2% | -29.9pp | -19.4pp |
| EPS (Diluted) | $-3.06 | $-0.43 | $-3.05 | -618.4% | -0.6% |
| Free Cash Flow | -$327.0K | -$1M | $669.0K | 75.4% | -148.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $26.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$958.0K |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $14.0K |
| INCOME BEFORE TAX | -$944.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$944.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$944.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$944.0K |
| D&A | $37.0K |
| EBIT | -$958.0K |
| EBITDA | -$921.0K |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$944.0K |
| Depreciation & Amortization | $37.0K |
| Stock-Based Compensation | $56.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$150.0K |
| Change in Working Capital | $675.0K |
| OPERATING CASH FLOW | -$326.0K |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$199.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $463.0K |
| FREE CASH FLOW | -$327.0K |
| Net Change in Cash | $137.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $211.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $922.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $726.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $19M |
| Account Payables | $2M |
| Short-Term Debt | $587.0K |
| Deferred Revenue | $152.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $190.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $197M |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $1M |
| Net Debt | -$7M |
