| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $30M | $9M | 4.9% | 244.5% |
| Op. Income | -$2M | -$1M | -$4M | -48.6% | 50.6% |
| Gross Margin | 11.7% | 14.0% | -9.2% | -2.3pp | 20.9pp |
| Net Margin | -6.0% | -4.3% | -42.7% | -1.7pp | 36.7pp |
| EPS (Diluted) | $-0.19 | $-0.13 | $-0.46 | -46.2% | 58.7% |
| Free Cash Flow | -$7M | $5M | -$9M | -256.7% | 24.9% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $83.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$2M |
| Interest Income | $24.0K |
| Interest Expense | $22.0K |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $3.0K |
| 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 | $1M |
| EBIT | -$2M |
| EBITDA | -$504.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $596.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$854.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$90.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$265.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$154.0K |
| NET CASH FROM FINANCING | -$390.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $880.0K |
| Other Current Assets | $176.0K |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $135M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $184M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $445.0K |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $95M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $117M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $184M |
| Total Debt | $82M |
| Net Debt | $45M |
