| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $143M | $107M | -69.3% | -59.3% |
| Op. Income | $2M | $2M | $4M | 1.6% | -48.3% |
| Gross Margin | 50.0% | 23.4% | 24.2% | 26.6pp | 25.9pp |
| Net Margin | 3.5% | 2.0% | 3.9% | 1.5pp | -0.4pp |
| EPS (Diluted) | $0.41 | $1.17 | $1.75 | -65.0% | -76.7% |
| Free Cash Flow | $0 | -$31M | $0 | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $22M |
| R&D Expenses | $3M |
| Selling & Marketing | $11M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $183.4K |
| Other Income/Expenses | -$642.6K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $22M |
| R&D Expenses | $3M |
| Selling & Marketing | $11M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $183.4K |
| Other Income/Expenses | -$642.6K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $260.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | -$14M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $42M |
| Goodwill | $67.4K |
| Intangible Assets | $9M |
| Long-Term Investments | $10M |
| Tax Assets | $88.4K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $197M |
| Account Payables | $24M |
| Short-Term Debt | $32M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $131M |
| Retained Earnings | -$72M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $26.7K |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $73M |
| Net Debt | $18M |
