| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $23M | $14M | -6.7% | 62.0% |
| Op. Income | -$28M | -$24M | -$4M | -15.1% | -678.7% |
| Gross Margin | 56.9% | 48.1% | 69.9% | 8.8pp | -13.1pp |
| Net Margin | -127.2% | -80.9% | -31.8% | -46.3pp | -95.3pp |
| EPS (Diluted) | $-435.20 | $-16.20 | $-7.00 | -2586.4% | -6117.1% |
| Free Cash Flow | -$4M | -$6M | -$8M | 39.7% | 52.5% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $12M |
| R&D Expenses | $2M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $18M |
| Other Expenses | $21M |
| Operating Expenses | $40M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$259.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$107.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $3M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$435 |
| EPS Diluted | -$435 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $211.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$86.0K |
| NET CASH FROM INVESTING | -$86.0K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $16M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $8M |
| Goodwill | $46M |
| Intangible Assets | $83M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $465.0K |
| TOTAL NON-CURRENT ASSETS | $139M |
| TOTAL ASSETS | $228M |
| Account Payables | $9M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $318M |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $25M |
| Net Debt | -$15M |
