| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | — | 13.5% | — |
| Op. Income | -$11M | -$13M | — | 14.9% | — |
| Gross Margin | -27.4% | -38.6% | — | 11.2pp | — |
| Net Margin | -416.0% | -418.8% | — | 2.8pp | — |
| EPS (Diluted) | $-2.12 | $-1.88 | — | -12.6% | — |
| Free Cash Flow | -$7M | -$10M | — | 25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $730.0K |
| Selling & Marketing | $1M |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $4.0K |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $256.0K |
| EBIT | -$21M |
| EBITDA | -$21M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $256.0K |
| Stock-Based Compensation | $458.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$171.0K |
| NET CASH FROM INVESTING | -$191.0K |
| Net Debt Issuance | $875.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $96.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$5M |
