| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $6M | $2M | 70.2% | 471.1% |
| Op. Income | $717.0K | -$993.0K | -$2M | 172.2% | 136.9% |
| Gross Margin | 47.0% | 40.4% | 22.4% | 6.6pp | 24.6pp |
| Net Margin | 7.5% | 12.3% | -116.8% | -4.9pp | 124.3pp |
| EPS (Diluted) | $0.03 | $0.03 | $-0.08 | -7.7% | 130.1% |
| Free Cash Flow | $3M | $2M | -$3M | 79.8% | 207.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $717.0K |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | $34.0K |
| INCOME BEFORE TAX | $751.0K |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | $717.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $717.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $717.0K |
| D&A | $76.0K |
| EBIT | $752.0K |
| EBITDA | $828.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $717.0K |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | $34.0K |
| INCOME BEFORE TAX | $751.0K |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | $717.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $717.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $717.0K |
| D&A | $76.0K |
| EBIT | $752.0K |
| EBITDA | $828.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $717.0K |
| Depreciation & Amortization | $76.0K |
| Stock-Based Compensation | $718.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$73.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$73.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $13M |
| Other Current Assets | $622.0K |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $102.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $58M |
| Account Payables | $3M |
| Short-Term Debt | $763.0K |
| Deferred Revenue | $133.0K |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $116.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46.0K |
| TOTAL NON-CURRENT LIABILITIES | $778.0K |
| TOTAL LIABILITIES | $17M |
| Common Stock | $268.0K |
| Additional Paid-In Capital | $116M |
| Retained Earnings | -$75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$108.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $1M |
| Net Debt | -$34M |
