| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $7M | $1M | -19.1% | 282.0% |
| Op. Income | -$8M | -$5M | -$4M | -50.0% | -79.7% |
| Gross Margin | 27.7% | 26.1% | 21.7% | 1.6pp | 6.0pp |
| Net Margin | -311.2% | -220.1% | -541.5% | -91.2pp | 230.3pp |
| EPS (Diluted) | $-8.72 | $-12.81 | $-5.79 | 31.9% | -50.6% |
| Free Cash Flow | -$5M | -$11M | -$7M | 54.4% | 30.8% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $273.0K |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $0 |
| EBIT | -$17M |
| EBITDA | -$17M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $286.0K |
| Stock-Based Compensation | $706.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$78.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$434.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $803.0K |
| Inventory | $4M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $33M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $402.0K |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $61M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $859.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $267M |
| Retained Earnings | -$231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$469.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $6M |
| Net Debt | $3M |
