| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $357.0K | 12.7% | 2983.5% |
| Op. Income | -$31M | -$28M | -$14M | -11.2% | -117.7% |
| Gross Margin | -97.7% | -54.3% | -17.1% | -43.4pp | -80.6pp |
| Net Margin | -181.3% | -98.8% | 9774.8% | -82.6pp | -9956.1pp |
| EPS (Diluted) | $-2.65 | $-1.72 | $9.00 | -54.1% | -129.4% |
| Free Cash Flow | -$32M | -$51M | -$55M | 36.8% | 41.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $9M |
| Selling & Marketing | $2M |
| General & Administrative | $9M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$31M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $1M |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$111.0K |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $60M |
| Net Receivables | $4M |
| Inventory | $66M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $226M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $584.0K |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $98M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $187M |
| Retained Earnings | -$58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $71M |
| Net Debt | $25M |
