| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $2M | -19.7% | 46.8% |
| Op. Income | -$1M | -$834.6K | -$549.3K | -70.3% | -158.7% |
| Gross Margin | 19.8% | 22.4% | 27.7% | -2.6pp | -7.9pp |
| Net Margin | -57.7% | -23.8% | -74.6% | -33.9pp | 16.9pp |
| EPS (Diluted) | $-0.19 | $-0.09 | $-0.26 | -101.3% | 26.9% |
| Free Cash Flow | -$1M | -$936.6K | -$837.9K | -43.8% | -60.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $567.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $157.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $4.6K |
| Interest Expense | $3.7K |
| Other Income/Expenses | -$234.6K |
| 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 | $112.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $103.2K |
| Stock-Based Compensation | $654.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$121.3K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$327.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$327.2K |
| Net Debt Issuance | -$69.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$69.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $465.7K |
| Inventory | $1M |
| Other Current Assets | $462.4K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $62.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $42.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $25M |
| Account Payables | $898.8K |
| Short-Term Debt | $60.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $306.5K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $187.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $884.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $929 |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $1M |
| Net Debt | -$19M |
