| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | — | $19M | — | 2.8% |
| Op. Income | -$39M | — | -$30M | — | -31.4% |
| Gross Margin | 63.1% | — | 70.9% | — | -7.8pp |
| Net Margin | -200.3% | — | -160.0% | — | -40.3pp |
| EPS (Diluted) | $-36.53 | — | $-28.59 | — | -27.7% |
| Free Cash Flow | -$16M | — | -$33M | — | 51.2% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $12M |
| R&D Expenses | $13M |
| Selling & Marketing | $15M |
| General & Administrative | $22M |
| SG&A Expenses | $37M |
| Other Expenses | $18.6K |
| Operating Expenses | $51M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$39M |
| Interest Income | $392.3K |
| Interest Expense | $4.2K |
| Other Income/Expenses | $497.8K |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $12.3K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $4M |
| EBIT | -$39M |
| EBITDA | -$34M |
| EPS | -$37 |
| EPS Diluted | -$37 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $315.3K |
| Net Receivables | $21M |
| Inventory | $19M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $490.1K |
| Long-Term Investments | $107.1K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $272M |
| Account Payables | $8M |
| Short-Term Debt | $346.3K |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $648M |
| Retained Earnings | -$402M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | -$10M |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $272M |
| Total Debt | $11M |
| Net Debt | -$157M |
