| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $8M | 3.4% | 22.1% |
| Op. Income | -$786.0K | -$2M | -$465.0K | 53.6% | -69.0% |
| Gross Margin | 61.6% | 54.8% | 69.7% | 6.8pp | -8.1pp |
| Net Margin | -10.6% | -20.8% | -6.8% | 10.2pp | -3.8pp |
| EPS (Diluted) | $-0.03 | $-0.05 | $-0.02 | 47.3% | -87.6% |
| Free Cash Flow | -$1M | -$887.0K | -$605.0K | -37.7% | -101.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $216.0K |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$786.0K |
| Interest Income | $35.0K |
| Interest Expense | $244.0K |
| Other Income/Expenses | -$209.0K |
| INCOME BEFORE TAX | -$995.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$995.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$995.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$995.0K |
| D&A | $1M |
| EBIT | -$751.0K |
| EBITDA | $627.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$995.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $455.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$121.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$694.0K |
| Capital Expenditure | -$527.0K |
| Acquisitions (Net) | $631.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$631.0K |
| NET CASH FROM INVESTING | -$527.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $6M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $7M |
| Goodwill | $9M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $167.0K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $53M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $280.0K |
| Deferred Tax Liabilities | $266.0K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $249M |
| Retained Earnings | -$227M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $8M |
| Net Debt | $901.0K |
