| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $44M | $32M | -17.1% | 13.5% |
| Op. Income | -$6M | $2M | -$11M | -408.4% | 43.3% |
| Gross Margin | 30.0% | 50.0% | 30.3% | -20.0pp | -0.3pp |
| Net Margin | -15.9% | 3.5% | -35.3% | -19.4pp | 19.4pp |
| EPS (Diluted) | $-1.93 | $0.41 | $-4.41 | -571.4% | 56.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $11M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $188.5K |
| Other Income/Expenses | $600.2K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $0 |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $280.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| 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 | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | -$15M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $40M |
| Goodwill | $67.4K |
| Intangible Assets | $8M |
| Long-Term Investments | $11M |
| Tax Assets | $88.4K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $187M |
| Account Payables | $20M |
| Short-Term Debt | $37M |
| Deferred Revenue | $756.6K |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$77M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | -$58.7K |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $187M |
| Total Debt | $75M |
| Net Debt | $32M |
