| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $15M | -3.3% | -13.6% |
| Op. Income | -$4M | -$2M | -$1M | -74.6% | -196.7% |
| Gross Margin | 19.7% | 31.5% | 30.1% | -11.8pp | -10.3pp |
| Net Margin | -34.4% | -19.1% | -10.4% | -15.3pp | -24.0pp |
| EPS (Diluted) | $-2.39 | $-1.38 | $-1.09 | -73.2% | -119.3% |
| Free Cash Flow | -$4M | -$5M | -$275.9K | 3.4% | -1504.1% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $90.0K |
| Other Income/Expenses | -$90.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $50.7K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $349.3K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $349.3K |
| Stock-Based Compensation | $272.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $341.9K |
| Change in Working Capital | -$774.3K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$188.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$173.1K |
| NET CASH FROM INVESTING | -$188.8K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $137.6K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $34M |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $966.9K |
| Goodwill | $58.9K |
| Intangible Assets | $201.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $635.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $48M |
| Account Payables | $11M |
| Short-Term Debt | $6M |
| Deferred Revenue | $560.1K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $542.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $636.7K |
| TOTAL LIABILITIES | $23M |
| Common Stock | $463.2K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $6M |
| Net Debt | $2M |
