| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $16M | $12M | -9.1% | 21.6% |
| Op. Income | -$753.4K | $224.6K | -$2M | -435.4% | 62.4% |
| Gross Margin | 28.0% | 31.8% | 19.4% | -3.8pp | 8.6pp |
| Net Margin | -6.5% | -0.0% | -18.0% | -6.4pp | 11.5pp |
| EPS (Diluted) | $-0.12 | $-0.00 | $-0.29 | -14900.0% | 58.6% |
| Free Cash Flow | -$2M | $2M | $468.8K | -185.2% | -515.0% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $19.1K |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$753.4K |
| Interest Income | $0 |
| Interest Expense | $158.3K |
| Other Income/Expenses | -$169.6K |
| INCOME BEFORE TAX | -$923.0K |
| Income Tax Expense | $12.7K |
| Net Income from Continuing Ops | -$935.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$935.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$935.8K |
| D&A | $286.0K |
| EBIT | -$753.4K |
| EBITDA | -$467.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$935.8K |
| Depreciation & Amortization | $286.0K |
| Stock-Based Compensation | $124.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7.7K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$81.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8.0K |
| NET CASH FROM INVESTING | -$81.3K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $5.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138.0K |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $18M |
| Other Current Assets | $471.9K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $642.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $39M |
| Account Payables | $4M |
| Short-Term Debt | $328.1K |
| Deferred Revenue | $25.3K |
| Other Current Liabilities | $100.3K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $375.6K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $11M |
| Net Debt | $11M |
