Q2 2022 Earnings

Reported June 29, 2022

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2022	Q1 2022	Q2 2021	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$2M	-$1M	—	-64.5%	—
EPS (Diluted)	$-0.16	$-0.10	—	-60.0%	—
Free Cash Flow	-$1M	-$2M	—	37.7%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$269.4K
Selling & Marketing	$0
General & Administrative	$2M
SG&A Expenses	$2M
Other Expenses	$560.8K
Operating Expenses	$2M
Cost & Expenses	$2M
OPERATING INCOME	-$2M
Interest Income	$0
Interest Expense	$2.3K
Other Income/Expenses	-$2.3K
INCOME BEFORE TAX	-$2M
Income Tax Expense	$0
Net Income from Continuing Ops	-$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$2M
D&A	$2M
EBIT	-$2M
EBITDA	$0
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$2M
Depreciation & Amortization	$0
Stock-Based Compensation	$1M
Deferred Income Tax	$0
Other Non-Cash Items	$2.3K
Change in Working Capital	$147.9K
OPERATING CASH FLOW	-$1M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	-$60.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$100.0K
NET CASH FROM FINANCING	-$25.0K
FREE CASH FLOW	-$1M
Net Change in Cash	-$1M