| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $22M | $15M | 5.6% | 52.7% |
| Op. Income | -$11M | -$28M | -$6M | 59.2% | -102.6% |
| Gross Margin | 53.2% | 56.9% | 58.7% | -3.7pp | -5.5pp |
| Net Margin | -49.9% | -127.2% | -62.9% | 77.3pp | 12.9pp |
| EPS (Diluted) | $-8.74 | $-435.20 | $-14.40 | 98.0% | 39.3% |
| Free Cash Flow | -$9M | -$4M | -$3M | -132.7% | -201.7% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $12M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $24M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $534.0K |
| Other Income/Expenses | -$257.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$3.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $3M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $183.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $17M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $8M |
| Goodwill | $46M |
| Intangible Assets | $81M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $457.0K |
| TOTAL NON-CURRENT ASSETS | $136M |
| TOTAL ASSETS | $224M |
| Account Payables | $16M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $118M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $323M |
| Retained Earnings | -$218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $224M |
| Total Debt | $28M |
| Net Debt | -$8M |
