| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $12M | $14M | 71.5% | 41.9% |
| Op. Income | -$2M | -$4M | -$11M | 54.3% | 82.0% |
| Gross Margin | 16.2% | 23.8% | 12.4% | -7.6pp | 3.8pp |
| Net Margin | -7.8% | -35.3% | -75.7% | 27.5pp | 67.9pp |
| EPS (Diluted) | $-0.45 | $-2.20 | $-13.08 | 79.5% | 96.6% |
| Free Cash Flow | -$10M | $762.0K | -$6M | -1450.8% | -80.0% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $3M |
| R&D Expenses | -$135.0K |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $22.0K |
| Other Income/Expenses | $393.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $72.0K |
| 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 | $165.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $165.0K |
| Stock-Based Compensation | $384.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$503.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $43.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $490.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $46M |
| Account Payables | $12M |
| Short-Term Debt | $147.0K |
| Deferred Revenue | $266.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $37.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $269M |
| Retained Earnings | -$249M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $46M |
| Total Debt | $388.0K |
| Net Debt | -$15M |
