| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $38M | 9.3% | -25.4% |
| Op. Income | -$14M | -$16M | -$5M | 11.3% | -172.5% |
| Gross Margin | 25.9% | 18.9% | 46.6% | 7.0pp | -20.7pp |
| Net Margin | -50.0% | -45.4% | -2.8% | -4.6pp | -47.2pp |
| EPS (Diluted) | $-1.26 | $-1.05 | $-0.09 | -20.0% | -1364.4% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $7M |
| R&D Expenses | $6M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$14M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $0 |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $27M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $958.0K |
| Goodwill | $0 |
| Intangible Assets | $588.6K |
| Long-Term Investments | $3M |
| Tax Assets | $2M |
| Other Non-Current Assets | $149.3K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $47M |
| Account Payables | $5M |
| Short-Term Debt | $261.7K |
| Deferred Revenue | $734.3K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28.6K |
| Other Non-Current Liabilities | $618.3K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $863.3K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $624.4K |
| Net Debt | -$2M |
