| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $118M | $86M | 2.2% | 39.1% |
| Op. Income | -$15M | -$17M | -$683.0K | 8.5% | -2158.3% |
| Gross Margin | 58.2% | 59.3% | 59.7% | -1.2pp | -1.5pp |
| Net Margin | 5.4% | -21.1% | -1.6% | 26.5pp | 7.0pp |
| EPS (Diluted) | $-0.06 | $-0.23 | $-0.01 | 72.9% | -650.6% |
| Free Cash Flow | -$49M | -$70M | $4M | 29.5% | -1229.7% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $68M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $136M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $957.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $957.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $644.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $130M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $420M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $449M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $195M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $452M |
| Retained Earnings | -$198M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $254M |
| Minority Interest | $0 |
| TOTAL EQUITY | $254M |
| TOTAL LIABILITIES & EQUITY | $449M |
| Total Debt | $72M |
| Net Debt | -$201M |
