| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $4M | $4M | 141.7% | 116.7% |
| Op. Income | -$2M | -$5M | -$5M | 51.4% | 48.3% |
| Gross Margin | 30.9% | -10.8% | -2.9% | 41.8pp | 33.9pp |
| Net Margin | -26.6% | -156.0% | -95.0% | 129.4pp | 68.4pp |
| EPS (Diluted) | $-2.40 | $-4.90 | $-3.30 | 51.0% | 27.3% |
| Free Cash Flow | -$4M | -$7M | -$3M | 45.0% | -28.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $118.0K |
| Other Income/Expenses | -$118.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $211.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $386.0K |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $479.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $479.0K |
| Stock-Based Compensation | $236.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$144.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$107.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $283.0K |
| NET CASH FROM INVESTING | $176.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$948.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $817.0K |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $14M |
| Other Current Assets | $3.0K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $428.0K |
| Tax Assets | -$428.0K |
| Other Non-Current Assets | $428.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $38M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $559.0K |
| Other Current Liabilities | $271.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | -$121M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $2M |
| Net Debt | $714.0K |
