| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $12M | $11M | -17.6% | -8.3% |
| Op. Income | -$6M | -$6M | -$4M | -1.8% | -47.8% |
| Gross Margin | 67.2% | 65.8% | 67.1% | 1.4pp | 0.1pp |
| Net Margin | -52.7% | -47.6% | -36.0% | -5.1pp | -16.7pp |
| EPS (Diluted) | $-0.16 | $-0.17 | $-0.12 | 5.9% | -33.3% |
| Free Cash Flow | -$6M | -$5M | -$5M | -30.8% | -24.6% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$6M |
| Interest Income | $18.0K |
| Interest Expense | $3.0K |
| Other Income/Expenses | $622.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $96.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $247.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $247.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $219.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$401.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$401.0K |
| Net Debt Issuance | -$54.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56.0K |
| NET CASH FROM FINANCING | $2.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $59M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $821.0K |
| Other Current Liabilities | $802.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $142.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $70M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $258.0K |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $802.0K |
| Net Debt | -$19M |
