| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $33M | $27M | -12.9% | 6.6% |
| Op. Income | -$7M | $2M | -$239.0K | -495.1% | -2708.4% |
| Gross Margin | 56.2% | 59.2% | 57.2% | -3.0pp | -1.0pp |
| Net Margin | -23.9% | 2.9% | -2.5% | -26.8pp | -21.4pp |
| EPS (Diluted) | $-1.70 | $0.20 | $-0.17 | -950.0% | -911.9% |
| Free Cash Flow | -$2M | -$241.0K | $736.0K | -919.5% | -433.8% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $23M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $384.0K |
| Other Income/Expenses | -$306.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$138.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $2M |
| EBIT | -$7M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$123.0K |
| Other Non-Cash Items | $70.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$471.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$471.0K |
| Net Debt Issuance | $564.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$470.0K |
| NET CASH FROM FINANCING | $94.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $29M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $10M |
| Goodwill | $57M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $158M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $598.0K |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $452.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | -$140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $57M |
| Net Debt | $52M |
