| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $14M | -3.1% | -15.0% |
| Op. Income | -$24.0K | -$396.0K | -$121.0K | 93.9% | 80.2% |
| Gross Margin | 35.1% | 29.2% | 31.0% | 5.8pp | 4.1pp |
| Net Margin | 1.3% | -3.0% | -6.0% | 4.3pp | 7.3pp |
| EPS (Diluted) | $0.04 | $-0.09 | $-0.20 | 141.8% | 118.2% |
| Free Cash Flow | $1M | -$412.0K | $235.0K | 461.7% | 534.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $717.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$16.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$24.0K |
| Interest Income | $126.0K |
| Interest Expense | $101.0K |
| Other Income/Expenses | $185.0K |
| INCOME BEFORE TAX | $161.0K |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | $156.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148.0K |
| D&A | $244.0K |
| EBIT | $262.0K |
| EBITDA | $506.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $156.0K |
| Depreciation & Amortization | $446.0K |
| Stock-Based Compensation | $247.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$234.0K |
| Change in Working Capital | $933.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$58.0K |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57.0K |
| Net Debt Issuance | -$364.0K |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$374.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $40.0K |
| Net Receivables | $19M |
| Inventory | $4M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $14.0K |
| Long-Term Investments | $9.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $58M |
| Account Payables | $10M |
| Short-Term Debt | $1M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $438.0K |
| Deferred Revenue NC | $100.0K |
| Deferred Tax Liabilities | -$100.0K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $2M |
| Net Debt | -$18M |
