| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | $3M | 66.8% | 39.9% |
| Op. Income | -$460.4K | -$572.0K | -$212.7K | 19.5% | -116.4% |
| Gross Margin | 28.7% | 27.4% | 30.7% | 1.4pp | -1.9pp |
| Net Margin | -13.0% | -24.7% | -7.7% | 11.7pp | -5.3pp |
| EPS (Diluted) | $-0.09 | $-0.13 | $-0.05 | 29.5% | -89.1% |
| Free Cash Flow | -$540.5K | -$212.7K | -$63.2K | -154.1% | -754.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $113.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$460.4K |
| Interest Income | $0 |
| Interest Expense | $46.7K |
| Other Income/Expenses | -$46.7K |
| INCOME BEFORE TAX | -$507.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$507.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$507.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$507.0K |
| D&A | $65.4K |
| EBIT | -$460.4K |
| EBITDA | -$394.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$507.0K |
| Depreciation & Amortization | $65.4K |
| Stock-Based Compensation | $350.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$441.7K |
| OPERATING CASH FLOW | -$532.8K |
| Capital Expenditure | -$7.7K |
| Acquisitions (Net) | -$255.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$262.8K |
| Net Debt Issuance | -$71.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9.3K |
| NET CASH FROM FINANCING | $389.2K |
| FREE CASH FLOW | -$540.5K |
| Net Change in Cash | -$406.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $84.2K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $675.1K |
| Goodwill | $10M |
| Intangible Assets | $198.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $17M |
| Account Payables | $1M |
| Short-Term Debt | $367.7K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $889.9K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $855.6K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $167.5K |
| Additional Paid-In Capital | $57M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $3M |
| Net Debt | $1M |
