| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $15M | $7M | -32.7% | 40.7% |
| Op. Income | -$1M | $3M | -$5M | -149.5% | 72.8% |
| Gross Margin | 55.8% | 69.2% | 39.7% | -13.4pp | 16.1pp |
| Net Margin | -1.8% | 34.5% | -369.6% | -36.4pp | 367.8pp |
| EPS (Diluted) | $-0.02 | $0.60 | $-4.65 | -103.6% | 99.5% |
| Free Cash Flow | $6M | $4M | -$9M | 59.1% | 162.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $36.0K |
| Other Income/Expenses | $692.0K |
| INCOME BEFORE TAX | -$682.0K |
| Income Tax Expense | -$487.0K |
| Net Income from Continuing Ops | -$195.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$184.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$273.0K |
| D&A | $1M |
| EBIT | -$646.0K |
| EBITDA | $490.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$184.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $565.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$40.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$710.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $122.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $3M |
| Goodwill | $14M |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $16M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $84M |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $167.0K |
| Other Current Liabilities | $742.0K |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $167.0K |
| Additional Paid-In Capital | $506M |
| Retained Earnings | -$469M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$87.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $31.0K |
| Net Debt | -$13M |
