| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | $29M | 1.5% | 0.0% |
| Op. Income | $4M | -$7M | $58.0K | 159.6% | 6793.1% |
| Gross Margin | 57.0% | 56.2% | 56.0% | 0.7pp | 1.0pp |
| Net Margin | 8.3% | -23.9% | -1.4% | 32.2pp | 9.7pp |
| EPS (Diluted) | $0.57 | $-1.70 | $-0.10 | 133.6% | 660.8% |
| Free Cash Flow | -$632.0K | -$2M | $562.0K | 74.3% | -212.5% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $17M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | -$3M |
| Operating Expenses | $13M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $515.0K |
| Other Income/Expenses | -$577.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $986.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $17M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | -$3M |
| Operating Expenses | $13M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $515.0K |
| Other Income/Expenses | -$577.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $986.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$190.0K |
| Capital Expenditure | -$442.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$442.0K |
| Net Debt Issuance | -$550.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$28.0K |
| NET CASH FROM FINANCING | -$578.0K |
| FREE CASH FLOW | -$632.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $29M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $10M |
| Goodwill | $56M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $155M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $418.0K |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $453.0K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | -$137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $155M |
| Total Debt | $56M |
| Net Debt | $52M |
