| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $4M | -22.2% | 1.9% |
| Op. Income | -$3M | -$35M | -$996.5K | 91.0% | -218.2% |
| Gross Margin | 23.0% | 38.6% | 21.3% | -15.6pp | 1.7pp |
| Net Margin | -56.4% | -718.9% | -31.3% | 662.5pp | -25.1pp |
| EPS (Diluted) | $-22640.50 | $-378039.50 | $-20000.00 | 94.0% | -13.2% |
| Free Cash Flow | -$2M | -$6M | -$2M | 69.7% | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $967.3K |
| R&D Expenses | $275.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | -$410.2K |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | -$410.2K |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $90.8K |
| EBIT | $572.7K |
| EBITDA | $663.5K |
| EPS | -$22.6K |
| EPS Diluted | -$22.6K |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $90.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$850.0K |
| NET CASH FROM INVESTING | -$850.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$665.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $99.8K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $0 |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $19M |
| Account Payables | $8M |
| Short-Term Debt | $10M |
| Deferred Revenue | $18.5K |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $29M |
| Common Stock | $41.9K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$10M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$10M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $10M |
| Net Debt | $8M |
