| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $10M | 10.6% | -19.1% |
| Op. Income | -$6M | -$9M | -$5M | 32.9% | -35.2% |
| Gross Margin | 83.4% | 76.4% | 80.1% | 7.0pp | 3.3pp |
| Net Margin | -75.1% | -125.5% | -45.8% | 50.4pp | -29.3pp |
| EPS (Diluted) | $-0.36 | $-0.51 | $-0.19 | 29.4% | -89.5% |
| Free Cash Flow | -$4M | -$9M | -$4M | 60.4% | 9.9% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | -$551.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$6M |
| Interest Income | $5.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $105.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$6M |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $137.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $137.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $207.0K |
| Change in Working Capital | $996.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$234.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$20.0K |
| NET CASH FROM INVESTING | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $50M |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $202.0K |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $428.0K |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $103M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $813.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $878.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $337M |
| Retained Earnings | -$252M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $0 |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $532.0K |
| Net Debt | -$34M |
