| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $40M | $36M | 60.5% | 79.0% |
| Op. Income | -$2M | -$12M | -$13M | 86.7% | 87.5% |
| Gross Margin | 17.9% | -1.1% | 5.8% | 19.0pp | 12.0pp |
| Net Margin | -3.8% | -38.2% | 63.0% | 34.4pp | -66.8pp |
| EPS (Diluted) | $-0.11 | $-0.68 | $1.01 | 83.8% | -110.9% |
| Free Cash Flow | -$6M | -$16M | -$5M | 64.4% | -12.6% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $7M |
| Operating Expenses | $13M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $667.0K |
| INCOME BEFORE TAX | -$905.0K |
| Income Tax Expense | $2M |
| 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 | $6M |
| EBIT | $2M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$337.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $4.0K |
| Purchases of Investments | $1.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $22.0K |
| Net Receivables | $5M |
| Inventory | $1M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $501M |
| Goodwill | $26M |
| Intangible Assets | $3M |
| Long-Term Investments | $14M |
| Tax Assets | $2M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $553M |
| TOTAL ASSETS | $628M |
| Account Payables | $46M |
| Short-Term Debt | $91M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $394M |
| TOTAL LIABILITIES | $545M |
| Common Stock | $251.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | -$30M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$812.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $839.0K |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $628M |
| Total Debt | $462M |
| Net Debt | $400M |
