| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $371.6K | $314.6K | $350.2K | 18.1% | 6.1% |
| Op. Income | -$11M | -$3M | -$3M | -208.3% | -305.1% |
| Gross Margin | 63.9% | 65.2% | 59.2% | -1.3pp | 4.7pp |
| Net Margin | -2796.4% | -1071.5% | -735.0% | -1724.9pp | -2061.5pp |
| EPS (Diluted) | $-2.89 | $-1.02 | $-1.00 | -182.7% | -190.0% |
| Free Cash Flow | -$4M | -$3M | -$2M | -11.0% | -44.0% |
| Item | Amount |
|---|---|
| REVENUE | $371.6K |
| Cost of Revenue | $134.1K |
| GROSS PROFIT | $237.5K |
| R&D Expenses | $33.4K |
| Selling & Marketing | $271.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $8M |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $134.1K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $325.8K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $325.8K |
| Stock-Based Compensation | $39.4K |
| Deferred Income Tax | -$39.4K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$495.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$188.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$188.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $336.4K |
| Inventory | $474.6K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $75.6K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $36M |
| Account Payables | $983.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $530.8K |
| Other Current Liabilities | $32.3K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.7K |
| TOTAL NON-CURRENT LIABILITIES | $135.2K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $781.6K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$142M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $535.2K |
| Net Debt | -$28M |
