| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $11M | $9M | -28.5% | -10.3% |
| Op. Income | -$3M | -$3M | -$411.0K | -10.0% | -729.4% |
| Gross Margin | 57.8% | 51.1% | 53.3% | 6.8pp | 4.5pp |
| Net Margin | -40.4% | -28.7% | -3.1% | -11.6pp | -37.3pp |
| EPS (Diluted) | $-0.14 | $-0.14 | $-0.02 | 0.0% | -665.0% |
| Free Cash Flow | -$9M | $2M | -$6M | -599.3% | -64.6% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8M |
| Operating Expenses | $8M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$3M |
| Interest Income | $1.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $68.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$120.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $175.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $175.0K |
| Stock-Based Compensation | $812.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$602.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$915.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$915.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $366.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $6M |
| Goodwill | $816.0K |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $727.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $70M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $361.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $415.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $121M |
| Retained Earnings | -$57M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$10.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $2M |
| Net Debt | -$43M |
