| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $401.0K | $866.0K | -$978.0K | -53.7% | 141.0% |
| Op. Income | -$8M | -$5M | -$6M | -48.9% | -36.7% |
| Gross Margin | 85.0% | 95.2% | 106.3% | -10.1pp | -21.3pp |
| Net Margin | -1956.9% | -661.5% | 629.3% | -1295.3pp | -2586.2pp |
| EPS (Diluted) | $-0.25 | $-0.18 | $-0.00 | -38.9% | -5455.6% |
| Free Cash Flow | -$9M | -$5M | -$4M | -74.2% | -112.1% |
| Item | Amount |
|---|---|
| REVENUE | $401.0K |
| Cost of Revenue | $60.0K |
| GROSS PROFIT | $341.0K |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $246.0K |
| Other Income/Expenses | -$213.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $50.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $187.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$864.0K |
| Change in Working Capital | -$565.0K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$266.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$208.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$474.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $87M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$112.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $579.0K |
| Net Receivables | $80.0K |
| Inventory | $133.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $117M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $166M |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $214M |
| Common Stock | $0 |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$96M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$96M |
| TOTAL LIABILITIES & EQUITY | $117M |
| Total Debt | $12M |
| Net Debt | -$95M |
