| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $8M | $6M | -38.7% | -19.5% |
| Op. Income | -$1M | $1M | $265.6K | -202.9% | -503.6% |
| Gross Margin | 51.3% | 59.3% | 47.2% | -8.0pp | 4.1pp |
| Net Margin | -16.4% | 9.8% | 22.0% | -26.2pp | -38.4pp |
| EPS (Diluted) | $-0.07 | $0.07 | $0.12 | -202.2% | -161.6% |
| Free Cash Flow | $693.3K | -$583.3K | -$11M | 218.9% | 106.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $687.9K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $46.3K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$222.7K |
| Net Income from Continuing Ops | -$802.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$802.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$802.9K |
| D&A | $344.3K |
| EBIT | -$1M |
| EBITDA | -$727.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$802.9K |
| Depreciation & Amortization | $344.3K |
| Stock-Based Compensation | -$70.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26.5K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$632.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$34.0K |
| NET CASH FROM INVESTING | -$632.3K |
| Net Debt Issuance | -$57.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21.1K |
| NET CASH FROM FINANCING | -$36.4K |
| FREE CASH FLOW | $693.3K |
| Net Change in Cash | $656.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $593.4K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $412.2K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $51M |
| Account Payables | $697.9K |
| Short-Term Debt | $232.6K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $865.8K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $10M |
| Net Debt | -$6M |
