| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $8M | $13M | 45.7% | -13.3% |
| Op. Income | -$3M | -$3M | $2M | 23.3% | -229.3% |
| Gross Margin | 52.7% | 57.8% | 56.4% | -5.1pp | -3.7pp |
| Net Margin | -25.8% | -40.4% | 15.2% | 14.6pp | -41.0pp |
| EPS (Diluted) | $-0.13 | $-0.14 | $0.05 | 7.1% | -360.0% |
| Free Cash Flow | -$7M | -$9M | -$1M | 28.0% | -571.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$3M |
| Interest Income | $13.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$330.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $51.0K |
| 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 | $206.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $206.0K |
| Stock-Based Compensation | $800.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $769.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $92.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $6M |
| Goodwill | $2M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $364.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $57M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $357.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $410.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $120M |
| Retained Earnings | -$60M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $2M |
| Net Debt | -$24M |
