| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $96M | $18M | -83.2% | -12.1% |
| Op. Income | -$7M | -$14M | $8M | 52.4% | -184.3% |
| Gross Margin | 87.4% | 12.9% | 559.1% | 74.4pp | -471.7pp |
| Net Margin | -37.5% | -2.2% | 5.7% | -35.3pp | -43.2pp |
| EPS (Diluted) | $-0.02 | $-0.04 | $0.01 | 53.6% | -445.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $14M |
| R&D Expenses | $1M |
| Selling & Marketing | $91M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$7M |
| Interest Income | $13.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $85.4K |
| INCOME BEFORE TAX | -$828.8K |
| Income Tax Expense | $21.3K |
| Net Income from Continuing Ops | -$850.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $115.3K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $2M |
| Net Receivables | $685.9K |
| Inventory | $0 |
| Other Current Assets | -$63M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $18M |
| Account Payables | $10M |
| Short-Term Debt | $729.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$19M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $233.9K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $5.4K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $464.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$22M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $16M |
| Net Debt | -$45M |
