| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $819.0K | $728.0K | 22.3% | 37.6% |
| Op. Income | -$29M | -$29M | -$17M | -0.3% | -73.1% |
| Gross Margin | -213.5% | -1740.9% | -1416.5% | 1527.4pp | 1203.0pp |
| Net Margin | -2862.3% | -3601.2% | -5659.1% | 738.9pp | 2796.8pp |
| EPS (Diluted) | $-0.32 | $-0.33 | $-0.46 | 3.0% | 30.4% |
| Free Cash Flow | -$26M | -$28M | -$32M | 5.5% | 17.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $211.0K |
| Other Income/Expenses | -$63.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$270.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $3M |
| EBIT | -$29M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$274.0K |
| Other Non-Cash Items | -$105.0K |
| Change in Working Capital | -$870.0K |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $665.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $0 |
| Net Receivables | $310.0K |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $228M |
| PP&E (Net) | $61M |
| Goodwill | $21M |
| Intangible Assets | $53M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $366M |
| Account Payables | $5M |
| Short-Term Debt | $6M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $227.0K |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | -$249M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $316M |
| Minority Interest | $0 |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $366M |
| Total Debt | $28M |
| Net Debt | -$178M |
