| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $427.8K | 33.4% | 335.5% |
| Op. Income | -$3M | -$2M | -$489.9K | -64.3% | -463.4% |
| Gross Margin | 8.2% | 7.3% | 23.2% | 0.9pp | -15.0pp |
| Net Margin | -147.1% | -111.5% | -168.8% | -35.6pp | 21.7pp |
| EPS (Diluted) | $-0.05 | $-0.05 | $-0.04 | -15.1% | -47.3% |
| Free Cash Flow | -$4M | -$4M | -$335.6K | -8.7% | -1239.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $152.6K |
| R&D Expenses | $493.4K |
| Selling & Marketing | $185.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $283.2K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $46.0K |
| Other Income/Expenses | $19.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| 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 | $21.8K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $21.8K |
| Stock-Based Compensation | $899.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$60.4K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $11.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11.4K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $48M |
| Net Receivables | $764.8K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $690.8K |
| Goodwill | $26M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.9K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $93M |
| Account Payables | $1M |
| Short-Term Debt | $1M |
| Deferred Revenue | $117.8K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $53.7K |
| Additional Paid-In Capital | $106M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86M |
| Minority Interest | $0 |
| TOTAL EQUITY | $86M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $3M |
| Net Debt | -$8M |
