| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $4M | 3.5% | 62.3% |
| Op. Income | -$2M | -$4M | -$2M | 43.5% | 4.9% |
| Gross Margin | 41.2% | 39.2% | 17.3% | 2.0pp | 23.8pp |
| Net Margin | -16.7% | -60.9% | 80.5% | 44.2pp | -97.2pp |
| EPS (Diluted) | $-1.20 | $-4.25 | $-10.32 | 71.7% | 88.4% |
| Free Cash Flow | -$1M | -$1M | -$566.3K | -8.7% | -129.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $89.5K |
| Selling & Marketing | $158.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $917.2K |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $64.5K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $917.4K |
| EBIT | -$1M |
| EBITDA | -$207.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $917.4K |
| Stock-Based Compensation | $669.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$814.6K |
| Change in Working Capital | -$119.6K |
| OPERATING CASH FLOW | -$536.5K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$763.8K |
| NET CASH FROM INVESTING | -$763.8K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $805.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $8M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $23M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $949.8K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $632.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $632.2K |
| TOTAL LIABILITIES | $9M |
| Common Stock | $1.5K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $59 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $4M |
| Net Debt | $3M |
