| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $452.0K | $1M | 8675.7% | 3267.2% |
| Op. Income | -$131M | -$72M | -$87M | -81.7% | -50.6% |
| Gross Margin | 59.5% | -286.7% | 100.0% | 346.2pp | -40.5pp |
| Net Margin | -271.0% | -17030.8% | -11627.6% | 16759.8pp | 11356.6pp |
| EPS (Diluted) | $-0.54 | $-0.32 | $-0.01 | -68.8% | -7400.0% |
| Free Cash Flow | -$117M | -$50M | -$46M | -132.7% | -156.9% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $24M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $115M |
| SG&A Expenses | $115M |
| Other Expenses | $199.0K |
| Operating Expenses | $155M |
| Cost & Expenses | $171M |
| OPERATING INCOME | -$131M |
| Interest Income | $44.0K |
| Interest Expense | $19M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$106M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$107M |
| D&A | $5M |
| EBIT | -$88M |
| EBITDA | -$83M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$107M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$104M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $179M |
| NET CASH FROM FINANCING | $239M |
| FREE CASH FLOW | -$117M |
| Net Change in Cash | $107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $55M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $218M |
| Goodwill | $11M |
| Intangible Assets | $23M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $232M |
| TOTAL NON-CURRENT ASSETS | $536M |
| TOTAL ASSETS | $774M |
| Account Payables | $45M |
| Short-Term Debt | $121M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $278M |
| Long-Term Debt | $438M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $793M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $426.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$296M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$296M |
| TOTAL LIABILITIES & EQUITY | $774M |
| Total Debt | $682M |
| Net Debt | $553M |
