| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | 1.8% | -46.8% |
| Op. Income | -$7M | -$5M | -$3M | -42.5% | -107.7% |
| Gross Margin | 86.6% | 68.0% | 62.2% | 18.6pp | 24.4pp |
| Net Margin | -856.5% | -467.0% | -62.6% | -389.5pp | -793.9pp |
| EPS (Diluted) | $-0.14 | $-0.10 | $-0.02 | -40.0% | -533.5% |
| Free Cash Flow | -$2M | -$2M | $1M | 5.3% | -260.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $150.0K |
| GROSS PROFIT | $973.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$1.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$7M |
| Interest Income | $1.0K |
| Interest Expense | $191.0K |
| Other Income/Expenses | -$151.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$983.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$9M |
| NET INCOME | -$10M |
| Net Income Deductions | -$9M |
| BOTTOM LINE NET INCOME | -$983.5K |
| D&A | $215.0K |
| EBIT | -$983.5K |
| EBITDA | -$768.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $215.0K |
| Stock-Based Compensation | $408.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| 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 | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$480.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $2M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $98M |
| PP&E (Net) | $1M |
| Goodwill | $27M |
| Intangible Assets | $12M |
| Long-Term Investments | $100.0K |
| Tax Assets | $514.6K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $139M |
| Account Payables | $60M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $149M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $468.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$35M |
| Minority Interest | $25M |
| TOTAL EQUITY | -$10M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $26M |
| Net Debt | -$33M |
