| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | -$4M | -18.4% | 154.8% |
| Op. Income | -$5M | -$7M | -$23M | 30.4% | 77.4% |
| Gross Margin | -138.3% | -173.1% | 547.6% | 34.8pp | -685.9pp |
| Net Margin | -256.0% | -302.3% | 640.0% | 46.4pp | -895.9pp |
| EPS (Diluted) | $-1.04 | $-1.66 | $-8.01 | 37.3% | 87.0% |
| Free Cash Flow | -$7M | -$9M | $5M | 27.9% | -236.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$5M |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $4.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $45.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $289.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $464.0K |
| Stock-Based Compensation | $292.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $998.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $998.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.0K |
| NET CASH FROM FINANCING | -$2.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $77.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $29M |
| Account Payables | $920.0K |
| Short-Term Debt | $517.0K |
| Deferred Revenue | $22M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $0 |
| Additional Paid-In Capital | $187M |
| Retained Earnings | -$191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $7M |
| Net Debt | -$8M |
