| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $12M | $11M | 26.1% | 37.1% |
| Op. Income | -$5M | -$7M | -$4M | 18.0% | -54.1% |
| Gross Margin | 91.3% | 91.7% | 92.0% | -0.4pp | -0.7pp |
| Net Margin | -38.2% | -58.0% | -36.2% | 19.8pp | -2.1pp |
| EPS (Diluted) | $-0.18 | $-0.22 | $-0.16 | 18.2% | -12.5% |
| Free Cash Flow | $85.0K | -$1M | -$2M | 105.8% | 103.6% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $14M |
| R&D Expenses | $10M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $109.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $351.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $528.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $528.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$162.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $198.0K |
| Capital Expenditure | -$113.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$329.0K |
| NET CASH FROM INVESTING | -$442.0K |
| Net Debt Issuance | -$202.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$489.0K |
| NET CASH FROM FINANCING | -$691.0K |
| FREE CASH FLOW | $85.0K |
| Net Change in Cash | -$935.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $3M |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $121M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $239.0K |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $121M |
| Total Debt | $4M |
| Net Debt | -$78M |
