| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150.0K | $192.0K | $445.0K | -21.9% | -66.3% |
| Op. Income | -$2M | -$3M | -$2M | 3.8% | -5.0% |
| Gross Margin | 66.0% | 72.9% | 80.0% | -6.9pp | -14.0pp |
| Net Margin | -1641.3% | -1322.9% | -377.5% | -318.4pp | -1263.8pp |
| EPS (Diluted) | $-0.01 | $-4.73 | $-0.00 | 99.8% | -163.2% |
| Free Cash Flow | -$2M | -$3M | -$2M | 40.4% | 9.3% |
| Item | Amount |
|---|---|
| REVENUE | $150.0K |
| Cost of Revenue | $51.0K |
| GROSS PROFIT | $99.0K |
| R&D Expenses | $974.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $5.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$20.0K |
| 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 | $51.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $51.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $245.0K |
| Change in Working Capital | $399.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $101.0K |
| Inventory | $469.0K |
| Other Current Assets | $558.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $558.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48.0K |
| TOTAL NON-CURRENT ASSETS | $606.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $443.0K |
| Short-Term Debt | $117.0K |
| Deferred Revenue | $165.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $128.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $387M |
| Retained Earnings | -$381M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $245.0K |
| Net Debt | -$6M |
