| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $0 | $0 | — | — |
| Op. Income | $384.3K | -$8M | -$9M | 104.6% | 104.2% |
| Gross Margin | 99.8% | — | — | — | — |
| Net Margin | 4.1% | — | — | — | — |
| EPS (Diluted) | $0.06 | $-0.10 | $-0.18 | 158.2% | 132.3% |
| Free Cash Flow | -$8M | -$12M | -$12M | 31.6% | 28.3% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $25.0K |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $150.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $384.3K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $29.7K |
| INCOME BEFORE TAX | $414.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $414.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $414.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $414.0K |
| D&A | $5.3K |
| EBIT | $384.3K |
| EBITDA | $389.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $25.0K |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $150.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $384.3K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $29.7K |
| INCOME BEFORE TAX | $414.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $414.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $414.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $414.0K |
| D&A | $5.3K |
| EBIT | $384.3K |
| EBITDA | $389.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $414.0K |
| Depreciation & Amortization | $5.3K |
| Stock-Based Compensation | $537.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19.7K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$816 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$816 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $120.1K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $20.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $51M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $8.5K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$300.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $1M |
| Net Debt | -$31M |
