| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $30M | $26M | -15.8% | -3.6% |
| Op. Income | -$3M | $2M | -$5M | -283.1% | 38.7% |
| Gross Margin | 7.4% | 20.2% | 0.7% | -12.7pp | 6.7pp |
| Net Margin | -11.3% | -2.7% | -17.6% | -8.7pp | 6.3pp |
| EPS (Diluted) | $-0.30 | $-0.08 | $-0.48 | -263.2% | 37.5% |
| Free Cash Flow | -$9M | $7M | -$4M | -215.8% | -142.7% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $711.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $711.0K |
| Other Income/Expenses | $76.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$41.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $102.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $102.0K |
| Stock-Based Compensation | $38.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$171.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $162M |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | -$254M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $173M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$173M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $285M |
| Account Payables | $9M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$14M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $255M |
| Common Stock | $93M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $39M |
| Net Debt | $31M |
