| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182.0K | $182.0K | $248.0K | 0.0% | -26.6% |
| Op. Income | -$2M | -$12M | -$16M | 85.7% | 89.5% |
| Gross Margin | 100.0% | 100.0% | -107.7% | 0.0pp | 207.7pp |
| Net Margin | -976.4% | -6598.9% | -6564.5% | 5622.5pp | 5588.1pp |
| EPS (Diluted) | $-0.67 | $-0.67 | $-0.94 | 0.0% | 28.7% |
| Free Cash Flow | -$3M | -$16M | -$9M | 81.4% | 67.1% |
| Item | Amount |
|---|---|
| REVENUE | $182.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $182.0K |
| R&D Expenses | $930.0K |
| Selling & Marketing | $993.0K |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | -$10M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $20.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $82.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $152.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $335.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $335.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $152.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$53.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $141M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $257M |
| Account Payables | $5M |
| Short-Term Debt | $1M |
| Deferred Revenue | $737.0K |
| Other Current Liabilities | $120.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $487M |
| Retained Earnings | -$274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $213M |
| Minority Interest | $0 |
| TOTAL EQUITY | $213M |
| TOTAL LIABILITIES & EQUITY | $257M |
| Total Debt | $6M |
| Net Debt | -$95M |
