| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 22.7% | 27.0% |
| Op. Income | $18.0K | -$411.0K | -$60.0K | 104.4% | 130.0% |
| Gross Margin | 62.3% | 47.1% | 55.7% | 15.2pp | 6.6pp |
| Net Margin | 7.1% | -60.2% | -2.7% | 67.3pp | 9.9pp |
| EPS (Diluted) | $0.02 | $-0.15 | $-0.01 | 114.3% | 430.8% |
| Free Cash Flow | -$373.0K | -$425.0K | -$13.0K | 12.2% | -2769.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $750.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $263.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $960.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $18.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $155.0K |
| INCOME BEFORE TAX | $173.0K |
| Income Tax Expense | $31.0K |
| Net Income from Continuing Ops | $142.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42.0K |
| D&A | $64.0K |
| EBIT | $173.0K |
| EBITDA | $237.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $750.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $263.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $960.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $18.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $155.0K |
| INCOME BEFORE TAX | $173.0K |
| Income Tax Expense | $31.0K |
| Net Income from Continuing Ops | $142.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42.0K |
| D&A | $64.0K |
| EBIT | $173.0K |
| EBITDA | $237.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $142.0K |
| Depreciation & Amortization | $67.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$159.0K |
| Change in Working Capital | -$417.0K |
| OPERATING CASH FLOW | -$367.0K |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | -$373.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $2M |
| Net Receivables | $1M |
| Inventory | $799.0K |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $409.0K |
| Goodwill | $0 |
| Intangible Assets | $116.0K |
| Long-Term Investments | $0 |
| Tax Assets | $8.0K |
| Other Non-Current Assets | $42.0K |
| TOTAL NON-CURRENT ASSETS | $575.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $333.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $764.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.0K |
| TOTAL LIABILITIES | $778.0K |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $103.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $128.0K |
| Net Debt | -$8M |
