| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $112M | $75M | 4.8% | 57.2% |
| Op. Income | -$17M | -$4M | $3M | -331.2% | -609.5% |
| Gross Margin | 59.3% | 60.6% | 62.7% | -1.2pp | -3.4pp |
| Net Margin | -21.1% | -6.3% | 2.7% | -14.8pp | -23.8pp |
| EPS (Diluted) | $-0.23 | $-0.04 | $0.01 | -443.7% | -2000.8% |
| Free Cash Flow | -$70M | -$12M | $1M | -501.4% | -5651.9% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $69M |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $844.0K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $844.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$62M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $161M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$644.0K |
| NET CASH FROM FINANCING | $354M |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | $284M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $102M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $437M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $463M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $447M |
| Retained Earnings | -$205M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $242M |
| Minority Interest | $0 |
| TOTAL EQUITY | $242M |
| TOTAL LIABILITIES & EQUITY | $463M |
| Total Debt | $72M |
| Net Debt | -$249M |
