| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $7M | $4M | -56.2% | -9.3% |
| Op. Income | -$790.0K | -$3M | -$3M | 71.9% | 74.5% |
| Gross Margin | 20.4% | 17.7% | -45.0% | 2.7pp | 65.4pp |
| Net Margin | -50.6% | -22.4% | -84.1% | -28.2pp | 33.5pp |
| EPS (Diluted) | $-0.18 | $-0.19 | $-0.34 | 5.3% | 47.1% |
| Free Cash Flow | $2M | $4M | $3M | -56.9% | -43.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $670.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $386.0K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$790.0K |
| Interest Income | $670.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$481.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $390.0K |
| 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 | $50.0K |
| EBIT | -$790.0K |
| EBITDA | -$740.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $174.5K |
| Stock-Based Compensation | $132.0K |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$87.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$87.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10.0K |
| NET CASH FROM FINANCING | $10.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $1M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $89M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $0 |
| TOTAL EQUITY | $57M |
| TOTAL LIABILITIES & EQUITY | $89M |
| Total Debt | $3M |
| Net Debt | -$51M |
