| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $8M | $5M | -23.3% | 17.5% |
| Op. Income | $17M | $16M | -$18M | 9.3% | 196.4% |
| Gross Margin | 36.1% | 49.5% | 28.7% | -13.4pp | 7.4pp |
| Net Margin | -291.6% | -197.5% | -337.7% | -94.1pp | 46.1pp |
| EPS (Diluted) | $-0.80 | $-0.81 | $-1.13 | 1.2% | 29.2% |
| Free Cash Flow | -$11M | -$18M | -$12M | 37.9% | 8.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | -$34M |
| Operating Expenses | -$15M |
| Cost & Expenses | -$11M |
| OPERATING INCOME | $17M |
| Interest Income | $26.0K |
| Interest Expense | $924.0K |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | -$1 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $1M |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$159.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$159.0K |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$134.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $8M |
| Other Current Assets | $177.0K |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $985.0K |
| Goodwill | $42M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $137M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $999.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | -$257M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $137M |
| Total Debt | $23M |
| Net Debt | -$45M |
