| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $40M | $37M | 3.7% | 14.0% |
| Op. Income | -$173M | $7M | -$2M | -2618.1% | -8803.9% |
| Gross Margin | 22.7% | 42.2% | 63.7% | -19.5pp | -40.9pp |
| Net Margin | -339.4% | 11.2% | -10.0% | -350.6pp | -329.4pp |
| EPS (Diluted) | $-0.70 | $0.02 | $-0.02 | -3211.1% | -2792.6% |
| Free Cash Flow | -$39M | -$108M | -$82M | 63.7% | 52.4% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $69.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $167M |
| Operating Expenses | $183M |
| Cost & Expenses | $215M |
| OPERATING INCOME | -$173M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$161M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$142M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$142M |
| D&A | $18M |
| EBIT | -$155M |
| EBITDA | -$137M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$142M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $165M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $719.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $11M |
| Net Receivables | $12M |
| Inventory | $607.0K |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $125M |
| PP&E (Net) | $342M |
| Goodwill | $0 |
| Intangible Assets | $798.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $348M |
| TOTAL ASSETS | $473M |
| Account Payables | $7M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $415M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $58M |
| Other Equity | -$58M |
| TOTAL STOCKHOLDERS' EQUITY | $335M |
| Minority Interest | $0 |
| TOTAL EQUITY | $335M |
| TOTAL LIABILITIES & EQUITY | $473M |
| Total Debt | $124M |
| Net Debt | $78M |
