| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | $8M | -2.3% | -4.7% |
| Op. Income | -$2M | -$2M | -$1M | 11.0% | -11.0% |
| Gross Margin | 38.1% | 37.3% | 44.3% | 0.7pp | -6.2pp |
| Net Margin | -3.5% | -26.1% | -20.5% | 22.6pp | 17.0pp |
| EPS (Diluted) | $-0.01 | $-0.08 | $-0.08 | 87.0% | 87.3% |
| Free Cash Flow | -$2M | -$1M | $980.0K | -57.7% | -269.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $94.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$238.0K |
| Income Tax Expense | $19.0K |
| Net Income from Continuing Ops | -$257.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$257.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$257.0K |
| D&A | $945.0K |
| EBIT | -$144.0K |
| EBITDA | $801.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$257.0K |
| Depreciation & Amortization | $945.0K |
| Stock-Based Compensation | $30.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $670.0K |
| NET CASH FROM INVESTING | $662.0K |
| Net Debt Issuance | $10.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $768.0K |
| NET CASH FROM FINANCING | $778.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$219.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $59M |
| Account Payables | $2M |
| Short-Term Debt | $810.0K |
| Deferred Revenue | $43.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $655.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$266.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $3M |
| Net Debt | $2M |
