| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $1M | 8.1% | 174.7% |
| Op. Income | -$2M | -$2M | -$1M | -13.2% | -82.1% |
| Gross Margin | -8.1% | -9.7% | -10.9% | 1.7pp | 2.8pp |
| Net Margin | -60.4% | -57.8% | -91.1% | -2.6pp | 30.8pp |
| EPS (Diluted) | $-0.24 | $-0.22 | $-0.14 | -9.1% | -71.4% |
| Free Cash Flow | -$2M | -$1M | -$912.0K | -58.4% | -124.8% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$305.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $193.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $193.0K |
| Stock-Based Compensation | $201.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$23.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$143.0K |
| Acquisitions (Net) | -$811.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12.0K |
| NET CASH FROM INVESTING | -$954.0K |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $88.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $47M |
| Account Payables | $2M |
| Short-Term Debt | $611.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $122.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $375.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $2M |
| Net Debt | -$17M |
