| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $712.0K | $1M | 5670.5% | 2672.3% |
| Op. Income | $14M | -$19M | -$25M | 174.6% | 157.4% |
| Gross Margin | 52.9% | -1659.4% | -1108.8% | 1712.3pp | 1161.7pp |
| Net Margin | 42.9% | -2680.8% | -1696.2% | 2723.7pp | 1739.0pp |
| EPS (Diluted) | $0.45 | $-0.49 | $-0.67 | 191.8% | 167.2% |
| Free Cash Flow | -$16M | -$20M | -$21M | 16.4% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $22M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$19M |
| Operating Expenses | $7M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $14M |
| Interest Income | $545.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $22M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$19M |
| Operating Expenses | $7M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $14M |
| Interest Income | $545.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25.0K |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$278.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15.0K |
| NET CASH FROM FINANCING | $15.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $35M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $182M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $450M |
| Retained Earnings | -$370M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$337.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $182M |
| Total Debt | $24M |
| Net Debt | -$73M |
