| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $51M | — | 7.9% | — |
| Op. Income | $1M | -$1M | — | 245.6% | — |
| Gross Margin | 35.6% | 31.9% | — | 3.8pp | — |
| Net Margin | 0.9% | -4.9% | — | 5.8pp | — |
| EPS (Diluted) | $0.01 | $-0.04 | — | 119.9% | — |
| Free Cash Flow | -$6M | -$10M | — | 41.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $20M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $289.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $468.0K |
| Other Income/Expenses | -$468.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $517.0K |
| Net Income from Continuing Ops | $506.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $506.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $20M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $289.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $468.0K |
| Other Income/Expenses | -$468.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $517.0K |
| Net Income from Continuing Ops | $506.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $506.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $506.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $569.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $406.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$155.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $32M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $211M |
| PP&E (Net) | $76M |
| Goodwill | $43M |
| Intangible Assets | $419.0K |
| Long-Term Investments | $23M |
| Tax Assets | $16M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $165M |
| TOTAL ASSETS | $376M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $722.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $130M |
| Common Stock | $3M |
| Additional Paid-In Capital | $931M |
| Retained Earnings | -$680M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $376M |
| Total Debt | $4M |
| Net Debt | -$66M |
