| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $12M | $14M | -7.0% | -23.3% |
| Op. Income | $2M | $56.0K | $1M | 4341.1% | 90.6% |
| Gross Margin | 5.6% | 16.8% | 21.7% | -11.2pp | -16.2pp |
| Net Margin | -259.5% | 59.7% | 89.3% | -319.2pp | -348.8pp |
| EPS (Diluted) | $-20.14 | $4.98 | $9.04 | -504.4% | -322.8% |
| Free Cash Flow | -$13M | $325.0K | -$424.0K | -4239.7% | -3073.1% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $596.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $232.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $911.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $163.0K |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $124.0K |
| EBIT | -$38M |
| EBITDA | -$38M |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $123.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $3.0K |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$6.0K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $355M |
| Net Receivables | $11M |
| Inventory | $51.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $373M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $390M |
| Account Payables | $4M |
| Short-Term Debt | $150.0K |
| Deferred Revenue | $16M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $544.0K |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $232M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $390M |
| Total Debt | $77M |
| Net Debt | $71M |
