| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $78M | $68M | -9.6% | 3.0% |
| Op. Income | -$1M | $1M | $353.0K | -222.5% | -456.4% |
| Gross Margin | 27.5% | 29.4% | 29.5% | -1.9pp | -2.0pp |
| Net Margin | -3.3% | -15.7% | -1.7% | 12.5pp | -1.5pp |
| EPS (Diluted) | $-0.03 | $-0.15 | $-0.01 | 81.8% | -92.3% |
| Free Cash Flow | -$4M | -$13M | -$4M | 66.8% | -12.5% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $19M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $759.0K |
| Other Income/Expenses | -$759.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $271.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $3M |
| EBIT | -$1M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $746.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$203.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $58M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $213M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $300M |
| Account Payables | $68M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $429M |
| Retained Earnings | -$264M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $136M |
| Minority Interest | $0 |
| TOTAL EQUITY | $136M |
| TOTAL LIABILITIES & EQUITY | $300M |
| Total Debt | $47M |
| Net Debt | $22M |
