| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $44M | $33M | -42.1% | -22.4% |
| Op. Income | -$16M | -$8M | -$6M | -101.4% | -154.6% |
| Gross Margin | 18.9% | 34.8% | 52.2% | -15.9pp | -33.3pp |
| Net Margin | -45.4% | -11.7% | -12.9% | -33.7pp | -32.5pp |
| EPS (Diluted) | $-1.05 | $-0.43 | $-0.35 | -146.6% | -200.0% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $5M |
| R&D Expenses | $5M |
| Selling & Marketing | $9M |
| General & Administrative | $7M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$16M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$602.6K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $0 |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $30M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $526.3K |
| Long-Term Investments | $3M |
| Tax Assets | $2M |
| Other Non-Current Assets | $69.6K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $52M |
| Account Payables | $5M |
| Short-Term Debt | $326.5K |
| Deferred Revenue | $775.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30.2K |
| Other Non-Current Liabilities | $652.6K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $911.1K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $745.6K |
| Net Debt | -$2M |
