| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $15M | 1.0% | -11.0% |
| Op. Income | -$74.4K | $242.3K | -$1M | -130.7% | 94.6% |
| Gross Margin | 14.0% | 14.5% | 13.7% | -0.5pp | 0.3pp |
| Net Margin | -9.4% | 1.6% | -16.0% | -11.0pp | 6.6pp |
| EPS (Diluted) | $-1.42 | $0.29 | $-3.69 | -589.7% | 61.5% |
| Free Cash Flow | -$1M | -$2M | -$2M | 55.8% | 44.5% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $245.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $108.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$74.4K |
| Interest Income | $60.3K |
| Interest Expense | $836.7K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $9.6K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $108.8K |
| EBIT | -$395.0K |
| EBITDA | -$286.1K |
| EPS | -$23 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $108.8K |
| Stock-Based Compensation | $24.1K |
| Deferred Income Tax | -$1.5K |
| Other Non-Cash Items | $279.0K |
| Change in Working Capital | $144.4K |
| OPERATING CASH FLOW | -$686.4K |
| Capital Expenditure | -$347.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$220.4K |
| NET CASH FROM INVESTING | -$247.5K |
| Net Debt Issuance | -$236.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $795.7K |
| NET CASH FROM FINANCING | $558.8K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$448.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562.3K |
| Short-Term Investments | $10.3K |
| Net Receivables | $29M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $2M |
| Goodwill | $49.7K |
| Intangible Assets | $691.3K |
| Long-Term Investments | $0 |
| Tax Assets | $709.5K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $48M |
| Account Payables | $11M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$52M |
| Treasury Stock | -$816.7K |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $23M |
| Net Debt | $22M |
