| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 2.5% | -1.2% |
| Op. Income | -$151.0K | $18.0K | $133.0K | -938.9% | -213.5% |
| Gross Margin | 46.7% | 62.3% | 54.6% | -15.7pp | -7.9pp |
| Net Margin | 5.5% | 7.1% | 3.1% | -1.6pp | 2.4pp |
| EPS (Diluted) | $0.02 | $0.02 | $0.01 | -20.9% | 70.0% |
| Free Cash Flow | $392.0K | -$373.0K | $105.0K | 205.1% | 273.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $952.0K |
| R&D Expenses | $330.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $773.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$151.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $342.0K |
| INCOME BEFORE TAX | $191.0K |
| Income Tax Expense | $79.0K |
| Net Income from Continuing Ops | $112.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.0K |
| D&A | $63.0K |
| EBIT | -$151.0K |
| EBITDA | -$88.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $112.0K |
| Depreciation & Amortization | $64.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$227.0K |
| Change in Working Capital | $446.0K |
| OPERATING CASH FLOW | $395.0K |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| 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 | $392.0K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $6M |
| Net Receivables | $719.0K |
| Inventory | $1M |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $497.0K |
| Goodwill | $0 |
| Intangible Assets | $102.0K |
| Long-Term Investments | $0 |
| Tax Assets | $8.0K |
| Other Non-Current Assets | $41.0K |
| TOTAL NON-CURRENT ASSETS | $648.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $371.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $172.0K |
| TOTAL CURRENT LIABILITIES | $968.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $87.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $259.0K |
| Net Debt | -$4M |
