| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $2M | 26.9% | 88.5% |
| Op. Income | -$186.5K | -$627.7K | -$13M | 70.3% | 98.6% |
| Gross Margin | 46.5% | 51.3% | 20.0% | -4.8pp | 26.5pp |
| Net Margin | -3.9% | -19.4% | -619.3% | 15.5pp | 615.4pp |
| EPS (Diluted) | $-0.02 | $-0.08 | $-0.11 | 74.4% | 81.3% |
| Free Cash Flow | -$885.4K | -$81.9K | -$497.5K | -981.0% | -78.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $235.1K |
| General & Administrative | $2M |
| SG&A Expenses | $186.5K |
| Other Expenses | $0 |
| Operating Expenses | $186.5K |
| Cost & Expenses | $186.5K |
| OPERATING INCOME | -$186.5K |
| Interest Income | $130.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $31.5K |
| INCOME BEFORE TAX | -$155.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$155.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$155.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$155.0K |
| D&A | $321.4K |
| EBIT | -$155.0K |
| EBITDA | $166.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$155.0K |
| Depreciation & Amortization | $321.4K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$31.5K |
| Change in Working Capital | -$668.2K |
| OPERATING CASH FLOW | -$854.7K |
| Capital Expenditure | -$30.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$575.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$575.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$885.4K |
| Net Change in Cash | $240.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $577.1K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $783.9K |
| Other Current Assets | $332.8K |
| TOTAL CURRENT ASSETS | $909.9K |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $140.2K |
| Long-Term Investments | $59M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $10.0K |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $60M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | -$1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$8M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $12.2K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $66M |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $2M |
| Net Debt | $1M |
