| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | -3.9% | 43.2% |
| Op. Income | -$606.0K | -$479.0K | -$127.0K | -26.5% | -377.2% |
| Gross Margin | 67.6% | 70.1% | 62.9% | -2.5pp | 4.7pp |
| Net Margin | 8.4% | 43.7% | -19.3% | -35.3pp | 27.8pp |
| EPS (Diluted) | $0.03 | $0.06 | $-0.11 | -44.2% | 130.5% |
| Free Cash Flow | -$974.0K | $15.0K | -$264.0K | -6593.3% | -268.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $865.0K |
| Selling & Marketing | $1M |
| General & Administrative | $775.0K |
| SG&A Expenses | $2M |
| Other Expenses | $482.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$606.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $957.0K |
| INCOME BEFORE TAX | $351.0K |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | $346.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $346.0K |
| Net Income Deductions | $4.0K |
| BOTTOM LINE NET INCOME | $342.0K |
| D&A | $416.0K |
| EBIT | -$540.0K |
| EBITDA | -$124.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $345.0K |
| Depreciation & Amortization | $416.0K |
| Stock-Based Compensation | $52.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$975.0K |
| Change in Working Capital | -$800.0K |
| OPERATING CASH FLOW | -$962.0K |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | -$413.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$239.0K |
| NET CASH FROM FINANCING | -$652.0K |
| FREE CASH FLOW | -$974.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $636.0K |
| Goodwill | $16M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $137.0K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $30M |
| Account Payables | $1M |
| Short-Term Debt | $674.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $780.0K |
| Deferred Revenue NC | $398.0K |
| Deferred Tax Liabilities | -$398.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$270.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $2M |
| Net Debt | -$3M |
