| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119.0K | $190.0K | $71.0K | -37.4% | 67.6% |
| Op. Income | -$3M | -$5M | -$6M | 24.8% | 44.4% |
| Gross Margin | -13.4% | 10.0% | -63.4% | -23.4pp | 49.9pp |
| Net Margin | -3201.7% | -2287.4% | -8423.9% | -914.3pp | 5222.3pp |
| EPS (Diluted) | $-24.24 | $-28.68 | $-64.52 | 15.5% | 62.4% |
| Free Cash Flow | -$4M | -$5M | -$4M | 21.6% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $119.0K |
| Cost of Revenue | $135.0K |
| GROSS PROFIT | -$16.0K |
| R&D Expenses | $953.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$380.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $85.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$24 |
| EPS Diluted | -$24 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $85.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $557.0K |
| Change in Working Capital | -$496.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $637.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $196.0K |
| Inventory | $577.0K |
| Other Current Assets | $22.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $493.0K |
| Goodwill | $753.0K |
| Intangible Assets | $236.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $52.0K |
| Deferred Revenue | $28.0K |
| Other Current Liabilities | $192.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $184.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $267.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | -$145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$976.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $135.0K |
| Net Debt | -$3M |
