| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $3M | -12.6% | -15.3% |
| Op. Income | -$572.0K | -$438.4K | $1.6K | -30.5% | -35847.0% |
| Gross Margin | 27.4% | 29.4% | 35.4% | -2.0pp | -8.0pp |
| Net Margin | -24.7% | -16.6% | 0.0% | -8.1pp | -24.7pp |
| EPS (Diluted) | $-0.13 | $-0.03 | $0.00 | -290.4% | -65100.0% |
| Free Cash Flow | -$212.7K | $89.0K | -$213.2K | -338.9% | 0.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $639.0K |
| R&D Expenses | $105.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $933.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$572.0K |
| Interest Income | $0 |
| Interest Expense | $4.8K |
| Other Income/Expenses | -$4.8K |
| INCOME BEFORE TAX | -$576.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$576.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$576.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$576.8K |
| D&A | $42.3K |
| EBIT | -$572.0K |
| EBITDA | -$529.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$576.8K |
| Depreciation & Amortization | $42.3K |
| Stock-Based Compensation | $160.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $192.1K |
| OPERATING CASH FLOW | -$182.3K |
| Capital Expenditure | -$30.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.4K |
| Net Debt Issuance | -$9.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$212.7K |
| Net Change in Cash | $807.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $622.5K |
| Goodwill | $687.7K |
| Intangible Assets | $147.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $336.6K |
| Other Current Liabilities | $166.7K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $166.7K |
| TOTAL NON-CURRENT LIABILITIES | $309.1K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $132.8K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $227.6K |
| Net Debt | -$1M |
