| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | 22.7% |
| Op. Income | -$1M | — | -$477.0K | — | -130.2% |
| Gross Margin | 5.4% | — | 14.8% | — | -9.3pp |
| Net Margin | -65.1% | — | -44.6% | — | -20.6pp |
| EPS (Diluted) | $-292.38 | — | $-163.05 | — | -79.3% |
| Free Cash Flow | -$1M | — | -$312.0K | — | -238.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $127.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $335.0K |
| Other Income/Expenses | -$335.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $93.0K |
| 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 | $284.0K |
| EBIT | -$1M |
| EBITDA | -$814.0K |
| EPS | -$292 |
| EPS Diluted | -$292 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $284.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $11.0K |
| Other Non-Cash Items | $180.0K |
| Change in Working Capital | -$3.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $731.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $731.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$326.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67.0K |
| Short-Term Investments | $0 |
| Net Receivables | $88.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $5.0K |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $863.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $8M |
| Account Payables | $780.0K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $611.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $682.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $682.0K |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $4M |
| Net Debt | $4M |
