| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $83M | $83M | 1.1% | 0.3% |
| Op. Income | -$13M | -$8M | $862.0K | -66.4% | -1562.1% |
| Gross Margin | 36.5% | 35.1% | 40.8% | 1.4pp | -4.3pp |
| Net Margin | -27.9% | -23.4% | -13.8% | -4.5pp | -14.1pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $3M | $5M | $10M | -51.5% | -74.1% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $38M |
| Operating Expenses | $43M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$13M |
| Interest Income | $12.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $39.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $20M |
| EBIT | -$12M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $332.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$131.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | -$4M |
| TOTAL CURRENT ASSETS | $117M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $41M |
| Short-Term Debt | $502M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $554M |
| Long-Term Debt | $582M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $600M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $7M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
