| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $7M | -4.1% | 28.0% |
| Op. Income | -$2M | -$2M | -$3M | 37.4% | 40.3% |
| Gross Margin | 35.2% | 30.9% | 24.5% | 4.3pp | 10.8pp |
| Net Margin | -22.0% | -26.6% | -39.1% | 4.6pp | 17.0pp |
| EPS (Diluted) | $-2.10 | $-2.40 | $-2.40 | 12.5% | 12.5% |
| Free Cash Flow | $882.0K | -$4M | -$4M | 124.3% | 120.1% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $833.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $76.0K |
| Other Income/Expenses | -$76.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $131.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | -$162.0K |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $467.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $467.0K |
| Stock-Based Compensation | $152.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$66.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$143.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $78.0K |
| NET CASH FROM INVESTING | -$65.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$947.0K |
| FREE CASH FLOW | $882.0K |
| Net Change in Cash | $16.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $833.0K |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $14M |
| Other Current Assets | $178.0K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $213.0K |
| Tax Assets | -$213.0K |
| Other Non-Current Assets | $213.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $36M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $441.0K |
| Other Current Liabilities | $202.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | -$123M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $2M |
| Net Debt | $1M |
