$7.78M
Revenue
$-1.56M
Net Income
48.91%
Gross Margin
-19.63%
Op. Margin
$-7.54M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $7.78M | $6.27M | $6.49M | $11.98M | $8.43M | $8.28M | $8.26M | $15.08M | $14.80M | $13.89M | $12.76M | $11.18M |
| Revenue Growth % | 23.9% | -3.4% | -45.8% | 42.1% | 1.8% | 0.3% | -45.3% | 1.9% | 6.5% | 8.9% | 14.1% | nan% |
| Cost of Revenue | $3.97M | $3.03M | $3.61M | $7.00M | $4.66M | $176.13K | $124.84K | $1.01M | $1.05M | $1.07M | $1.18M | $1.15M |
| Gross Profit | $3.80M | $3.24M | $2.89M | $4.98M | $3.77M | $3.85M | $4.11M | $8.34M | $7.24M | $6.79M | $6.85M | $6.21M |
| Gross Margin % | 48.9% | 51.7% | 44.4% | 41.5% | 44.7% | 46.4% | 49.7% | 55.3% | 48.9% | 48.9% | 53.7% | 55.6% |
| Operating Expenses | $5.33M | $5.46M | $5.99M | $6.96M | $6.79M | $7.33M | $8.03M | $8.26M | $6.95M | $10.45M | $6.48M | $8.80M |
| Research & Development | $1.05M | $1.13M | $1.18M | $1.74M | $1.88M | $1.77M | $1.66M | $1.61M | $1.31M | $1.17M | $984.85K | $775.33K |
| Selling General & Admin | $4.24M | $4.29M | $4.75M | $5.16M | $4.84M | $5.51M | $6.34M | $6.38M | $5.37M | $6.25M | $5.24M | $4.65M |
| Operating Income | $-1.53M | $-2.22M | $-3.11M | $-1.98M | $-3.02M | $-3.49M | $-3.92M | $77.41K | $284.96K | $-3.67M | $369.68K | $-2.58M |
| Operating Margin % | -19.6% | -35.4% | -47.8% | -16.5% | -35.8% | -42.1% | -47.5% | 0.5% | 1.9% | -26.4% | 2.9% | -23.1% |
| Interest Expense | $35.22K | $22.89K | $29.08K | $83.11K | $32.66K | $17.17K | $57.27K | $54.43K | $39.01K | $29.06K | $18.32K | - |
| Other Income/Expense | $-24.25K | $1.82M | $-21.64K | $-53.14K | $13.62K | $2.43K | $-60.25K | $-69.44K | $-40.27K | $23.76K | $-10.87K | $740.24K |
| Income Before Tax | - | - | $-3.13M | $-2.03M | $-3.01M | $-3.49M | $-3.98M | $7.97K | $244.68K | $-3.64M | $358.81K | $-1.84M |
| Income Tax Expense | $13.29K | $7.89K | $22.60K | $-100.36K | $9.62K | $9.76K | $20.11K | $197.07K | $201.85K | $349.82K | $-31.27K | $60.00K |
| Net Income | $-1.56M | $-412.79K | $-3.15M | $-1.93M | $-3.02M | $3.75M | $-1.38M | $-189.10K | $42.83K | $-3.99M | $390.08K | $-1.90M |
| Net Margin % | -20.1% | -6.6% | -48.5% | -16.1% | -35.8% | 45.2% | -16.7% | -1.3% | 0.3% | -28.8% | 3.1% | -17.0% |
| Basic EPS | 0.00 | 0.00 | -0.02 | -0.01 | -0.02 | 0.03 | -0.01 | 0.00 | 0.00 | -0.04 | 0.00 | -0.02 |
| Diluted EPS | 0.00 | 0.00 | -0.02 | -0.01 | -0.02 | 0.03 | -0.01 | 0.00 | 0.00 | -0.04 | 0.00 | -0.02 |
| Basic Shares Outstanding | 299.2M | 136.3M | 136.2M | 135.2M | 134.1M | 133.1M | 132.8M | 125.9M | 125.0M | 114.7M | 105.8M | 102.6M |
| Diluted Shares Outstanding | 299.2M | 136.3M | 136.2M | 135.2M | 134.1M | 133.1M | 132.8M | 125.9M | 125.0M | 114.7M | 107.4M | 103.8M |
| Breakdown | FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.36M | $3.01M | $3.30M | $4.68M | $8.39M | $685.12K | $951.25K | $1.13M | $572.67K | $1.16M | $961.09K |
| Accounts Receivable | $1.01M | $865.17K | $2.28M | $1.08M | $1.61M | $1.40M | $2.26M | $1.46M | $1.66M | $3.03M | $1.31M |
| Inventory | $825.56K | $1.39M | $1.37M | $1.79M | $1.26M | $777.20K | $812.05K | $1.03M | $939.38K | $654.91K | $322.21K |
| Other Current Assets | - | - | - | - | $143.57K | $205.33K | $157.50K | $95.28K | - | - | - |
| Total Current Assets | $5.20M | $5.62M | $7.48M | $8.46M | $12.23M | $10.33M | $4.22M | $3.77M | $3.73M | $5.03M | $2.84M |
| Property Plant & Equipment | $84.20K | $127.67K | $186.53K | $247.29K | $304.17K | $143.91K | $142.00K | $131.75K | $44.64K | $35.90K | $11.95K |
| Goodwill | - | - | - | - | - | - | $5.80M | $5.80M | $5.80M | $8.57M | $8.57M |
| Intangible Assets | - | - | - | - | - | - | $775.26K | $1.02M | $1.26M | $1.50M | $1.74M |
| Other Non-current Assets | $578.11K | $744.55K | $937.32K | - | - | - | - | - | - | - | - |
| Total Assets | $5.86M | $6.49M | $8.61M | $8.73M | $12.55M | $10.47M | $10.98M | $10.79M | $10.86M | $15.18M | $13.20M |
| Accounts Payable | $1.87M | $1.04M | $1.27M | $408.05K | $978.21K | $765.62K | $1.75M | $1.68M | $1.84M | $1.97M | $1.25M |
| Accrued Liabilities | $718.72K | $563.31K | $527.83K | $656.61K | $668.81K | $774.64K | $882.04K | $1.09M | $2.00M | $2.34M | $2.18M |
| Deferred Revenue | $800.97K | $888.06K | $653.05K | - | $292.11K | $184.79K | $291.96K | $120.75K | $111.29K | - | $55.53K |
| Total Current Liabilities | $3.99M | $3.92M | $3.29M | $2.26M | $2.75M | $5.01M | $4.25M | $4.19M | $4.30M | $4.62M | $3.61M |
| Total Liabilities | $4.95M | $5.17M | $4.16M | $2.49M | $3.01M | - | - | - | - | - | - |
| Common Stock | $136.31K | $136.31K | $135.99K | $134.79K | $133.69K | $132.77K | $127.05K | $125.03K | $125.03K | $108.10K | $104.35K |
| Retained Earnings | $-128.67M | $-128.26M | $-125.11M | $-123.17M | $-119.72M | $-123.47M | $-122.10M | $-121.91M | $-121.95M | $-117.95M | $-118.34M |
| Total Stockholders Equity | $911.74K | $1.32M | $4.44M | $6.24M | $9.53M | $5.32M | $5.89M | $4.50M | $4.54M | $6.34M | $6.24M |
| Total Liabilities & Equity | $5.86M | $6.49M | $8.61M | $8.73M | $12.55M | $10.47M | $10.98M | $10.79M | $10.86M | $15.18M | $13.20M |
| Breakdown | TTM (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.56M | $-412.79K | $-3.15M | $-1.93M | $-3.02M | $3.75M | $-1.38M | $-189.10K | $42.83K | $-3.99M | $390.08K | $-1.90M |
| Depreciation & Amortization | $63.09K | $43.47K | $58.85K | $66.08K | $67.11K | $51.23K | $34.29K | $273.51K | $275.24K | $258.52K | $260.83K | $268.57K |
| Stock-based Compensation | $12.71K | $7.26K | $7.26K | $7.26K | $6.40K | $322.89K | $55.05K | $14.38K | $15.05K | $89.56K | $201.64K | $168.89K |
| Deferred Income Tax | - | - | $28.02K | $-28.02K | - | - | - | - | - | - | - | - |
| Change in Receivables | $2.92M | $145.38K | $-1.42M | $1.20M | $-473.85K | $241.70K | $-512.25K | $822.88K | $-276.24K | $-1.17M | $-1.73M | $-455.76K |
| Change in Inventory | $1.14M | $-562.70K | $15.19K | $-544.35K | $400.64K | $482.33K | $124.71K | $-215.20K | $87.87K | $284.47K | $-332.70K | $156.49K |
| Change in Payables | - | - | - | $857.51K | $-570.16K | $212.59K | $-649.03K | $73.87K | $-162.90K | $-123.44K | $718.64K | $-1.15M |
| Operating Cash Flow | $-7.54M | $-1.70M | $-844.79K | $-1.88M | $-3.95M | $-3.08M | $-733.86K | $-140.69K | - | - | $-188.99K | $-429.65K |
| Capital Expenditure | - | - | - | $5.32K | $10.22K | $211.49K | $36.63K | $42.08K | $120.67K | $25.58K | $43.09K | - |
| Investing Cash Flow | - | - | - | $-5.32K | $-10.22K | $11.05M | $-5.35K | - | - | - | $47.91K | $915.64K |
| Debt Repayment | - | - | - | - | - | - | - | - | $266.54K | $186.15K | $61.25K | $84.80K |
| Financing Cash Flow | $14.85M | $1.05M | $556.00K | $502.87K | $-560.74K | $-379.92K | $744.52K | - | - | - | $343.75K | $339.06K |
| Net Change in Cash | - | - | - | $-1.38M | $-4.52M | $7.59M | $5.31K | $-176.82K | $555.40K | $-591.09K | $202.67K | $825.06K |
SEC Filing Format - Data shown as it appears in the Q3 2022 (10-Q) filing
Period ended: Sep 30, 2022
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $2.02M | - | $6.11M | - |
| Cost of Revenue | $1.40M | - | $3.14M | - |
| Gross Profit | $613.07K | - | $2.96M | - |
| Operating Expenses | $1.31M | - | $4.14M | - |
| Research & Development | $272.14K | - | $798.91K | - |
| Selling General & Admin | $1.03M | - | $3.31M | - |
| Operating Income | $-693.80K | - | $-1.18M | - |
| Interest Expense | - | - | $21.94K | - |
| Other Income/Expense | $-2.81K | - | $-22.47K | - |
| Income Tax Expense | $968.00 | - | $7.35K | - |
| Net Income | $-697.57K | $-155.59K | $-1.21M | - |
| Basic EPS | 0.00 | - | 0.00 | - |
| Diluted EPS | 0.00 | - | 0.00 | - |
| Basic Shares Outstanding | $299.21M | - | $295.59M | - |
| Diluted Shares Outstanding | $299.21M | - | $295.59M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2022 | Dec 31, 2021 |
|---|---|---|
| Cash & Cash Equivalents | $3.72M | $2.36M |
| Accounts Receivable | $1.94M | $1.01M |
| Inventory | $1.41M | $825.56K |
| Total Current Assets | $7.41M | $5.20M |
| Property Plant & Equipment | $137.88K | $84.20K |
| Other Non-current Assets | $479.43K | $578.11K |
| Total Assets | $8.03M | $5.86M |
| Accounts Payable | $628.60K | $1.87M |
| Accrued Liabilities | $898.54K | $718.72K |
| Deferred Revenue | $940.06K | $800.97K |
| Total Current Liabilities | $2.62M | $3.99M |
| Total Liabilities | $3.35M | $4.95M |
| Common Stock | $299.21K | $136.31K |
| Retained Earnings | $-129.87M | $-128.67M |
| Total Stockholders Equity | $4.68M | $911.74K |
| Total Liabilities & Equity | $8.03M | $5.86M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-697.57K | $-155.59K | $-1.21M | - |
| Depreciation & Amortization | $8.70K | - | $31.13K | - |
| Stock-based Compensation | $1.81K | - | $5.45K | - |
| Change in Receivables | - | - | $929.12K | - |
| Change in Inventory | - | - | $582.88K | - |
| Operating Cash Flow | - | - | $-3.12M | - |
| Capital Expenditure | - | - | $86.63K | - |
| Investing Cash Flow | - | - | $-85.33K | - |
| Financing Cash Flow | - | - | $4.57M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.