| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $1M | -31.7% | -23.7% |
| Op. Income | -$5M | -$2M | -$4M | -99.6% | -5.8% |
| Gross Margin | 68.0% | 72.3% | 71.1% | -4.3pp | -3.1pp |
| Net Margin | -467.0% | -269.7% | -219.4% | -197.3pp | -247.6pp |
| EPS (Diluted) | $-0.10 | $-0.08 | $-0.07 | -25.5% | -50.4% |
| Free Cash Flow | -$2M | -$710.5K | -$2M | -158.1% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $353.0K |
| GROSS PROFIT | $750.0K |
| R&D Expenses | $264.0K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$5M |
| Interest Income | $2.0K |
| Interest Expense | $196.0K |
| Other Income/Expenses | -$745.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$2.0K |
| Net Income from Continuing Ops | -$462.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | -$5M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | -$462.6K |
| D&A | $999.0K |
| EBIT | -$462.6K |
| EBITDA | $536.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $999.0K |
| Stock-Based Compensation | $472.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$648.0K |
| Change in Working Capital | -$246.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $515.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $531.0K |
| Short-Term Investments | $0 |
| Net Receivables | $469.0K |
| Inventory | $786.0K |
| Other Current Assets | $135.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $2M |
| Goodwill | $11M |
| Intangible Assets | $21M |
| Long-Term Investments | $216.0K |
| Tax Assets | $200.0K |
| Other Non-Current Assets | $83.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $37M |
| Account Payables | $4M |
| Short-Term Debt | $15M |
| Deferred Revenue | $493.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $165.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $165.0K |
| TOTAL LIABILITIES | $25M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $111M |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $16M |
| Net Debt | $15M |
