| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $21M | $19M | 7.7% | 20.1% |
| Op. Income | -$630.0K | $691.0K | $2M | -191.2% | -133.2% |
| Gross Margin | 73.6% | 75.3% | 75.5% | -1.7pp | -1.9pp |
| Net Margin | -3.6% | 2.6% | 8.4% | -6.1pp | -11.9pp |
| EPS (Diluted) | $-0.03 | $0.02 | $0.05 | -256.5% | -153.6% |
| Free Cash Flow | -$3M | $7M | -$25.0K | -137.4% | -10436.0% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $6M |
| Selling & Marketing | $8M |
| General & Administrative | $3M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$630.0K |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$27.0K |
| INCOME BEFORE TAX | -$657.0K |
| Income Tax Expense | $169.0K |
| Net Income from Continuing Ops | -$826.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$826.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$826.0K |
| D&A | $394.0K |
| EBIT | -$630.0K |
| EBITDA | -$236.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$826.0K |
| Depreciation & Amortization | $394.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$11.0K |
| Other Non-Cash Items | $461.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$145.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$145.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $677.0K |
| NET CASH FROM FINANCING | $677.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $5M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $110M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $889.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $385M |
| Retained Earnings | -$331M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$94.0K |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $4M |
| Net Debt | -$64M |
