| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $9M | — | 44.9% |
| Op. Income | $2M | — | -$3M | — | 151.2% |
| Gross Margin | 71.1% | — | 59.5% | — | 11.6pp |
| Net Margin | 4.6% | — | -31.9% | — | 36.5pp |
| EPS (Diluted) | $0.08 | — | $-0.38 | — | 121.1% |
| Free Cash Flow | -$7M | — | -$8M | — | 10.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $9M |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $369.7K |
| Income Tax Expense | -$220.8K |
| Net Income from Continuing Ops | $590.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $593.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $593.2K |
| D&A | $35.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $9M |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $369.7K |
| Income Tax Expense | -$220.8K |
| Net Income from Continuing Ops | $590.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $593.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $593.2K |
| D&A | $35.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $593.2K |
| Depreciation & Amortization | $413.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $212.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $270.1K |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $707.7K |
| Long-Term Investments | $3M |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $58M |
| Account Payables | $3M |
| Short-Term Debt | $27M |
| Deferred Revenue | $5M |
| Other Current Liabilities | -$7M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421.6K |
| Minority Interest | -$3M |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $40M |
| Net Debt | $38M |
