| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $409.0K | $210.1K | $301.8K | 94.6% | 35.5% |
| Op. Income | -$272.2K | -$742.1K | -$342.5K | 63.3% | 20.5% |
| Gross Margin | 82.0% | 29.8% | 74.3% | 52.2pp | 7.8pp |
| Net Margin | -73.1% | -465.0% | -110.6% | 391.9pp | 37.4pp |
| EPS (Diluted) | $-0.12 | $-0.13 | $-0.04 | 7.7% | -166.7% |
| Free Cash Flow | -$151.1K | -$304.4K | -$129.3K | 50.4% | -16.9% |
| Item | Amount |
|---|---|
| REVENUE | $409.0K |
| Cost of Revenue | $73.4K |
| GROSS PROFIT | $335.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $228.7K |
| General & Administrative | $379.0K |
| SG&A Expenses | $607.8K |
| Other Expenses | $0 |
| Operating Expenses | $607.8K |
| Cost & Expenses | $681.2K |
| OPERATING INCOME | -$272.2K |
| Interest Income | $4.7K |
| Interest Expense | $0 |
| Other Income/Expenses | -$17.9K |
| INCOME BEFORE TAX | -$290.2K |
| Income Tax Expense | $8.3K |
| Net Income from Continuing Ops | -$298.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$299.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$299.1K |
| D&A | $58.2K |
| EBIT | -$272.2K |
| EBITDA | -$214.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$298.4K |
| Depreciation & Amortization | $58.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7.8K |
| Other Non-Cash Items | $17.7K |
| Change in Working Capital | $63.6K |
| OPERATING CASH FLOW | -$151.1K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$151.1K |
| Net Change in Cash | -$156.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5.7K |
| Inventory | $380.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $401.2K |
| Goodwill | $0 |
| Intangible Assets | $3.2K |
| Long-Term Investments | $72.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $264.7K |
| TOTAL NON-CURRENT ASSETS | $741.6K |
| TOTAL ASSETS | $4M |
| Account Payables | $13.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $106.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23.4K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $68.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7.5K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $81.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $316 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $208.5K |
| Net Debt | -$2M |
