| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $14M | $16M | 19.1% | 9.3% |
| Op. Income | -$21.0K | -$753.4K | $218.6K | 97.2% | -109.6% |
| Gross Margin | 29.3% | 28.0% | 30.5% | 1.2pp | -1.3pp |
| Net Margin | -1.3% | -6.5% | 21.5% | 5.2pp | -22.8pp |
| EPS (Diluted) | $-0.03 | $-0.12 | $0.45 | 74.6% | -106.8% |
| Free Cash Flow | -$1M | -$2M | -$965.7K | 38.6% | -23.7% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$21.0K |
| Interest Income | $0 |
| Interest Expense | $182.5K |
| Other Income/Expenses | -$212.2K |
| INCOME BEFORE TAX | -$233.2K |
| Income Tax Expense | -$5.2K |
| Net Income from Continuing Ops | -$228.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$228.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$228.0K |
| D&A | $283.3K |
| EBIT | -$50.7K |
| EBITDA | $232.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$228.0K |
| Depreciation & Amortization | $283.3K |
| Stock-Based Compensation | $113.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$30.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.7K |
| NET CASH FROM INVESTING | -$30.7K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$104.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$129.6K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $101.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239.0K |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $634.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $42M |
| Account Payables | $6M |
| Short-Term Debt | $331.4K |
| Deferred Revenue | -$500.3K |
| Other Current Liabilities | $517.2K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $242.3K |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $21M |
| 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 | $42M |
| Total Debt | $12M |
| Net Debt | $11M |
