| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $926.0K | 36.8% | 63.7% |
| Op. Income | -$15M | -$22M | -$11M | 32.3% | -29.1% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -1097.6% | -1042.6% | -1231.7% | -55.0pp | 134.1pp |
| EPS (Diluted) | $-3.83 | $-2.65 | $-2.61 | -44.5% | -46.7% |
| Free Cash Flow | -$24M | -$34M | -$10M | 28.2% | -149.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$250.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$15M |
| Interest Income | $542.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $445.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $1M |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $295.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$485.0K |
| NET CASH FROM FINANCING | -$485.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $846.0K |
| Inventory | $0 |
| Other Current Assets | $56.0K |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $66M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $189M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $99.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $295M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $34M |
| Net Debt | -$81M |
