| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $967.9K | — | $1M | — | -27.2% |
| Op. Income | -$2M | — | -$69.5K | — | -3193.4% |
| Gross Margin | 32.7% | — | 51.4% | — | -18.6pp |
| Net Margin | -234.9% | — | -5.5% | — | -229.4pp |
| EPS (Diluted) | $-0.32 | — | $-0.01 | — | -3068.3% |
| Free Cash Flow | -$3M | — | -$765.3K | — | -293.9% |
| Item | Amount |
|---|---|
| REVENUE | $967.9K |
| Cost of Revenue | $651.1K |
| GROSS PROFIT | $316.8K |
| R&D Expenses | $650.4K |
| Selling & Marketing | $454.2K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $16.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $16.5K |
| 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 | $4.3K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $4.3K |
| Stock-Based Compensation | $33.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7.1K |
| Change in Working Capital | -$706.6K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$64.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $165.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346.9K |
| Short-Term Investments | $11M |
| Net Receivables | $1M |
| Inventory | $533.2K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $770.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $192.4K |
| TOTAL NON-CURRENT ASSETS | $962.4K |
| TOTAL ASSETS | $14M |
| Account Payables | $493.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $429.1K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $2M |
| Net Debt | $1M |
