| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $41M | $85M | 24.2% | -39.9% |
| Op. Income | -$14M | -$21M | $1M | 35.9% | -1019.3% |
| Gross Margin | 14.1% | 19.1% | 34.3% | -4.9pp | -20.2pp |
| Net Margin | -23.4% | -43.2% | 3.1% | 19.8pp | -26.5pp |
| EPS (Diluted) | $-0.73 | $-1.08 | $0.14 | 32.4% | -621.4% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $7M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $6M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $450.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$14M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $118M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $5M |
| Goodwill | $11M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $217M |
| Account Payables | $30M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $205M |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $0 |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $217M |
| Total Debt | $45M |
| Net Debt | $34M |
