| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $11M | 9.2% | -27.5% |
| Op. Income | $4M | $4M | $6M | 14.0% | -29.3% |
| Gross Margin | 100.0% | 99.9% | 99.6% | 0.1pp | 0.4pp |
| Net Margin | -22.8% | 69.5% | 48.5% | -92.2pp | -71.3pp |
| EPS (Diluted) | $-0.05 | $0.15 | $0.17 | -136.1% | -131.8% |
| Free Cash Flow | $8M | $11M | $5M | -31.2% | 64.6% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $8M |
| R&D Expenses | $355.0K |
| Selling & Marketing | $218.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$174.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $386.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $215.0K |
| Stock-Based Compensation | $875.0K |
| Deferred Income Tax | -$124.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $79M |
| Net Receivables | $10M |
| Inventory | $835.0K |
| Other Current Assets | $191.0K |
| TOTAL CURRENT ASSETS | $148M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $2M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $174M |
| Account Payables | $77.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $494.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $325M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$97M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | -$401.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $174M |
| Total Debt | $969.0K |
| Net Debt | -$56M |
