| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $63M | $68M | 24.6% | 15.1% |
| Op. Income | -$29M | -$20M | -$4M | -46.8% | -603.5% |
| Gross Margin | 36.1% | 51.9% | 56.1% | -15.9pp | -20.1pp |
| Net Margin | -37.6% | -34.9% | -11.2% | -2.7pp | -26.4pp |
| EPS (Diluted) | $-3.95 | $-2.97 | $-1.20 | -33.0% | -229.2% |
| Free Cash Flow | -$32M | -$49M | -$6M | 33.6% | -432.6% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $42M |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $108M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $35.0K |
| Other Income/Expenses | $303.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $342.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $4M |
| EBIT | -$29M |
| EBITDA | -$26M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$344.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $122M |
| Other Current Assets | $630.0K |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $48M |
| Goodwill | -$13M |
| Intangible Assets | $14M |
| Long-Term Investments | $2M |
| Tax Assets | $102.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $429M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$189M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $429M |
| Total Debt | $0 |
| Net Debt | -$207M |
