| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | — | $159M | — | 47.9% |
| Op. Income | $2M | — | $2M | — | -10.8% |
| Gross Margin | 1.7% | — | 1.9% | — | -0.2pp |
| Net Margin | 0.5% | — | 0.9% | — | -0.4pp |
| EPS (Diluted) | $0.05 | — | $0.07 | — | -24.5% |
| Free Cash Flow | $751.2K | — | -$2M | — | 142.5% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $517.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $2M |
| Interest Income | $119.2K |
| Interest Expense | $0 |
| Other Income/Expenses | -$104.4K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $353.8K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $29.4K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $517.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $2M |
| Interest Income | $119.2K |
| Interest Expense | $0 |
| Other Income/Expenses | -$104.4K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $353.8K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $29.4K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $65.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $759.1K |
| Capital Expenditure | -$7.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $719.8K |
| NET CASH FROM FINANCING | $719.8K |
| FREE CASH FLOW | $751.2K |
| Net Change in Cash | $735.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $207.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $207.2K |
| TOTAL ASSETS | $33M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12.5K |
| TOTAL LIABILITIES | $24M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $488.2K |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $86.3K |
| Net Debt | -$4M |
