| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $1M | -10.1% | 347.5% |
| Op. Income | -$359.9K | $9.0K | -$698.9K | -4105.6% | 48.5% |
| Gross Margin | 44.5% | 45.6% | 33.6% | -1.1pp | 10.8pp |
| Net Margin | -8.1% | 0.1% | -46.1% | -8.1pp | 38.1pp |
| EPS (Diluted) | $-0.04 | $0.00 | $-0.05 | -10100.0% | 25.0% |
| Free Cash Flow | -$2M | -$2M | -$1M | 21.7% | -10.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $175.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$359.9K |
| Interest Income | $0 |
| Interest Expense | $9.6K |
| Other Income/Expenses | -$9.6K |
| INCOME BEFORE TAX | -$369.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$369.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$369.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$369.5K |
| D&A | $241.1K |
| EBIT | -$359.9K |
| EBITDA | -$118.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$369.5K |
| Depreciation & Amortization | $241.1K |
| Stock-Based Compensation | $237.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$167.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$165.9K |
| Net Debt Issuance | -$91.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$91.3K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $6M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $348.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $121.2K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $38M |
| Account Payables | $2M |
| Short-Term Debt | $298.2K |
| Deferred Revenue | $362.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $450.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $9.6K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $5M |
| Net Debt | -$9M |
