Q2 2022 Earnings

Reported June 28, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2022	Q1 2022	Q2 2021	QoQ Change	YoY Change
Revenue	$6M	$6M	—	9.3%	—
Op. Income	-$6.0K	-$621.0K	—	99.0%	—
Gross Margin	42.4%	40.9%	—	1.5pp	—
Net Margin	-4.1%	-9.0%	—	4.9pp	—
EPS (Diluted)	$0.05	$-0.03	—	256.3%	—

Income Statement

Item	Amount
REVENUE	$6M
Cost of Revenue	$4M
GROSS PROFIT	$3M
R&D Expenses	$0
Selling & Marketing	$181.0K
General & Administrative	$3M
SG&A Expenses	$3M
Other Expenses	$0
Operating Expenses	$3M
Cost & Expenses	$6M
OPERATING INCOME	-$6.0K
Interest Income	$420.2K
Interest Expense	$0
Other Income/Expenses	-$248.0K
INCOME BEFORE TAX	-$254.0K
Income Tax Expense	$11.0K
Net Income from Continuing Ops	-$265.0K
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$265.0K
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$265.0K
D&A	$2.0K
EBIT	-$6.0K
EBITDA	-$4.0K
EPS	$0
EPS Diluted	$0