| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $70M | $69M | 0.5% | 3.0% |
| Op. Income | -$323.0K | -$1M | $490.0K | 74.3% | -165.9% |
| Gross Margin | 30.3% | 27.5% | 31.9% | 2.8pp | -1.6pp |
| Net Margin | -2.2% | -3.3% | -2.5% | 1.1pp | 0.3pp |
| EPS (Diluted) | $-0.02 | $-0.03 | $-0.02 | 33.7% | 11.7% |
| Free Cash Flow | -$6M | -$4M | -$5M | -44.1% | -33.4% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $21M |
| R&D Expenses | $8M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$323.0K |
| Interest Income | $0 |
| Interest Expense | $757.0K |
| Other Income/Expenses | -$757.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $440.0K |
| 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 | -$323.0K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $689.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$234.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $61M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $305M |
| Account Payables | $72M |
| Short-Term Debt | $36M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $173M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $430M |
| Retained Earnings | -$266M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132M |
| Minority Interest | $0 |
| TOTAL EQUITY | $132M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $50M |
| Net Debt | $26M |
