| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $92M | $109M | 4.8% | -11.4% |
| Op. Income | -$14M | -$5M | -$2M | -201.4% | -616.0% |
| Gross Margin | 12.9% | 82.9% | 13.7% | -70.0pp | -0.7pp |
| Net Margin | -2.2% | -4.8% | -1.6% | 2.7pp | -0.5pp |
| EPS (Diluted) | $-0.04 | $-0.08 | $-0.04 | 50.9% | -16.7% |
| Free Cash Flow | $32M | — | $12M | — | 164.8% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $12M |
| R&D Expenses | $8M |
| Selling & Marketing | $85M |
| General & Administrative | $6M |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$14M |
| Interest Income | $4.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $970.5K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $115.3K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $115.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$65.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$414M |
| Sales/Maturities of Investments | $540M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $150M |
| Net Debt Issuance | -$867.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$867.0K |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $125.5K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $94M |
| Account Payables | $10M |
| Short-Term Debt | $318.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$15M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $670.2K |
| TOTAL NON-CURRENT LIABILITIES | $172.2K |
| TOTAL LIABILITIES | $17M |
| Common Stock | $5.4K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $579.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$25M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $396.3K |
| Net Debt | -$9M |
