| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $233.0K | $690.0K | 458.4% | 88.6% |
| Op. Income | -$19M | -$22M | -$19M | 14.9% | 3.8% |
| Gross Margin | -1026.2% | -780.3% | -2011.3% | -246.0pp | 985.1pp |
| Net Margin | 2833.8% | -8511.6% | -2492.5% | 11345.4pp | 5326.3pp |
| EPS (Diluted) | $0.35 | $-0.16 | $-0.17 | 318.8% | 305.9% |
| Free Cash Flow | -$17M | -$19M | -$15M | 11.2% | -13.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$13M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$15M |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$19M |
| Interest Income | $301.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $55M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $2M |
| EBIT | -$19M |
| EBITDA | -$17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$56M |
| Change in Working Capital | -$767.0K |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$134.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$134.0K |
| Net Debt Issuance | -$495.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11.0K |
| NET CASH FROM FINANCING | -$484.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $8M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $193M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $246M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $104M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $540M |
| Retained Earnings | -$398M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $142M |
| Minority Interest | $0 |
| TOTAL EQUITY | $142M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $51M |
| Net Debt | -$130M |
