| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $136M | — | 0.0% | — |
| Op. Income | -$932.1K | -$932.1K | — | 0.0% | — |
| Gross Margin | 5.0% | 5.0% | — | 0.0pp | — |
| Net Margin | -1.3% | -1.3% | — | 0.0pp | — |
| EPS (Diluted) | $-0.04 | $-0.04 | — | 0.0% | — |
| Free Cash Flow | -$386.8K | -$386.8K | — | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $7M |
| R&D Expenses | $523.2K |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $137M |
| OPERATING INCOME | -$932.1K |
| Interest Income | $262.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$867.7K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $488.2K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$932.1K |
| EBITDA | $124.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $913.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$212.0K |
| Capital Expenditure | -$174.8K |
| Acquisitions (Net) | -$102.3K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$386.8K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $15M |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $3M |
| Goodwill | $10M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $153M |
| Account Payables | $43M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51.1K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $5.4K |
| Additional Paid-In Capital | $273M |
| Retained Earnings | -$203M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $2M |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $17M |
| Net Debt | $10M |
