| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $2M | — | 31.2% |
| Op. Income | -$2M | — | -$875.1K | — | -137.2% |
| Gross Margin | 28.5% | — | 27.2% | — | 1.3pp |
| Net Margin | -75.9% | — | -62.9% | — | -13.0pp |
| EPS (Diluted) | $-0.11 | — | $-0.09 | — | -19.2% |
| Free Cash Flow | -$8M | — | -$2M | — | -330.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $850.6K |
| R&D Expenses | $333.5K |
| Selling & Marketing | $90.3K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $117.7K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $184.3K |
| Other Income/Expenses | -$186.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $132.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $132.4K |
| Stock-Based Compensation | $743.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $171.1K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$40.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40.4K |
| Net Debt Issuance | -$86.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $19M |
| Other Current Assets | $208.3K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $331.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $417.1K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $365.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $942.4K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $64M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $1M |
| Net Debt | -$8M |
