| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $700.2K | $144.1K | $248.5K | 385.8% | 181.8% |
| Op. Income | -$2M | -$2M | -$1M | -16.4% | -105.6% |
| Gross Margin | -196.3% | -763.0% | -247.7% | 566.7pp | 51.4pp |
| Net Margin | -355.7% | -1280.3% | -490.1% | 924.6pp | 134.4pp |
| EPS (Diluted) | $-4.77 | $-3.54 | $-8.36 | -34.7% | 42.9% |
| Free Cash Flow | -$2M | -$2M | -$1M | 21.1% | -26.5% |
| Item | Amount |
|---|---|
| REVENUE | $700.2K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $131.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $985.2K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $3.0K |
| Interest Expense | $2.1K |
| Other Income/Expenses | $439 |
| 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 | -$3M |
| D&A | $27.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $27.7K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$71.4K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$146.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$83.1K |
| NET CASH FROM INVESTING | -$146.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $666.7K |
| Inventory | $856.5K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $201.8K |
| Goodwill | $0 |
| Intangible Assets | $868.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $16M |
| Account Payables | $223.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $85.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $741.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37.7K |
| Other Non-Current Liabilities | $93.5K |
| TOTAL NON-CURRENT LIABILITIES | $131.3K |
| TOTAL LIABILITIES | $872.5K |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$38M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $0 |
| Net Debt | -$13M |
