| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $5M | -22.7% | 3.9% |
| Op. Income | -$436.9K | $582.9K | -$368.5K | -174.9% | -18.5% |
| Gross Margin | 21.2% | 28.8% | 19.3% | -7.6pp | 1.9pp |
| Net Margin | -7.2% | 5.6% | -5.8% | -12.9pp | -1.4pp |
| EPS (Diluted) | $-0.09 | $0.09 | $-0.07 | -199.0% | -26.4% |
| Free Cash Flow | $994.7K | $129.1K | $517.4K | 670.3% | 92.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $134.1K |
| Selling & Marketing | $487.2K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$436.9K |
| Interest Income | $0 |
| Interest Expense | $76.7K |
| Other Income/Expenses | -$78.3K |
| INCOME BEFORE TAX | -$515.1K |
| Income Tax Expense | -$108.6K |
| Net Income from Continuing Ops | -$406.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$406.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$406.5K |
| D&A | $167.5K |
| EBIT | -$438.4K |
| EBITDA | -$270.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$406.5K |
| Depreciation & Amortization | $167.5K |
| Stock-Based Compensation | $70.0K |
| Deferred Income Tax | -$109.0K |
| Other Non-Cash Items | -$147.7K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$174.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$174.1K |
| Net Debt Issuance | -$959.0K |
| Common Stock Repurchased | -$34.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$993.9K |
| FREE CASH FLOW | $994.7K |
| Net Change in Cash | $803 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $10M |
| Other Current Assets | $627.5K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $278.4K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $21M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $46.7K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $6M |
| Treasury Stock | -$143.4K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $6M |
| Net Debt | $6M |
