| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138.9K | $24.5K | — | 467.6% | — |
| Op. Income | -$43M | -$38M | — | -14.8% | — |
| Gross Margin | -214.5% | -1205.2% | — | 990.7pp | — |
| Net Margin | -31534.5% | -152845.5% | — | 121311.0pp | — |
| EPS (Diluted) | $-0.51 | $-0.48 | — | -6.3% | — |
| Free Cash Flow | -$62M | -$55M | — | -12.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $138.9K |
| Cost of Revenue | $436.9K |
| GROSS PROFIT | -$298.0K |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$43M |
| Interest Income | $0 |
| Interest Expense | $535.6K |
| Other Income/Expenses | -$339.0K |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $293.0K |
| EBIT | -$43M |
| EBITDA | -$43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $293.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$132.7K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $80.0K |
| Inventory | $106.0K |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $189.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $221.0K |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $104M |
| Account Payables | $10M |
| Short-Term Debt | $820.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$252M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $271M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $104M |
| Total Debt | $8M |
| Net Debt | -$26M |
