| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $969.3K | 33.7% | 208.4% |
| Op. Income | -$3M | -$3M | -$2M | 6.2% | -49.7% |
| Gross Margin | 15.0% | 15.1% | -51.0% | -0.0pp | 66.0pp |
| Net Margin | -112.3% | -156.7% | -110.9% | 44.4pp | -1.4pp |
| EPS (Diluted) | $-5.13 | $-19.44 | $-113.76 | 73.6% | 95.5% |
| Free Cash Flow | -$7M | -$6M | -$2M | -21.1% | -374.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $449.5K |
| R&D Expenses | $583.9K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $117.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $853.7K |
| Other Income/Expenses | -$834.4K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $117.1K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $117.1K |
| Stock-Based Compensation | $188.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $231.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $133.3K |
| NET CASH FROM FINANCING | $133.3K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $174M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$174M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $22M |
| Account Payables | $4M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $268.1K |
| TOTAL NON-CURRENT LIABILITIES | $537.5K |
| TOTAL LIABILITIES | $35M |
| Common Stock | $9.5K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$47M |
| Treasury Stock | -$944.9K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $29M |
| Net Debt | $21M |
