| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $2M | 0.0% | 88.5% |
| Op. Income | -$530.4K | -$186.5K | -$127.3K | -184.3% | -316.8% |
| Gross Margin | 46.5% | 46.5% | 20.0% | 0.0pp | 26.5pp |
| Net Margin | -11.2% | -3.9% | -3.1% | -7.3pp | -8.1pp |
| EPS (Diluted) | $-0.06 | $-0.02 | $-0.01 | -186.4% | -578.2% |
| Free Cash Flow | -$214.9K | -$885.4K | -$151.1K | 75.7% | -42.2% |
| 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 | $530.4K |
| Other Expenses | $0 |
| Operating Expenses | $530.4K |
| Cost & Expenses | $530.4K |
| OPERATING INCOME | -$530.4K |
| Interest Income | $130.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $85.3K |
| INCOME BEFORE TAX | -$445.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$445.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$445.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$445.0K |
| D&A | $321.4K |
| EBIT | -$445.0K |
| EBITDA | -$123.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$445.0K |
| Depreciation & Amortization | $321.4K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$83.4K |
| Change in Working Capital | $344.2K |
| OPERATING CASH FLOW | -$184.3K |
| Capital Expenditure | -$30.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$572.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$572.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $730.7K |
| NET CASH FROM FINANCING | $730.7K |
| FREE CASH FLOW | -$214.9K |
| Net Change in Cash | -$25.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $783.9K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $140.2K |
| Long-Term Investments | $460.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $47.3K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $10M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $230.2K |
| Other Current Liabilities | $579.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $662.0K |
| Deferred Tax Liabilities | -$2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $12.2K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$10M |
| Minority Interest | -$2M |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $19M |
| Net Debt | $18M |
