| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $6M | -5.9% | 30.2% |
| Op. Income | -$1M | -$1M | -$801.0K | -2.1% | -85.0% |
| Gross Margin | 76.6% | 77.5% | 76.1% | -0.9pp | 0.5pp |
| Net Margin | -25.0% | -15.9% | -22.4% | -9.1pp | -2.6pp |
| EPS (Diluted) | $-0.06 | $-0.04 | $-0.10 | -50.0% | 39.6% |
| Free Cash Flow | -$3M | $2M | -$694.0K | -224.6% | -330.4% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $324.0K |
| Other Income/Expenses | -$324.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $187.0K |
| 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 | $387.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $387.0K |
| Stock-Based Compensation | $374.0K |
| Deferred Income Tax | $187.0K |
| Other Non-Cash Items | $244.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $951.0K |
| NET CASH FROM INVESTING | $898.0K |
| Net Debt Issuance | -$148.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$492.0K |
| NET CASH FROM FINANCING | -$639.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $41M |
| Net Receivables | $6M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $987.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $73M |
| Account Payables | $601.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $952.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $363.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$86M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $0 |
| Net Debt | -$14M |
