| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $1M | -2.0% | 119.8% |
| Op. Income | -$2M | -$2M | -$4M | 3.4% | 52.2% |
| Gross Margin | -22.1% | 65.8% | -53.3% | -87.8pp | 31.2pp |
| Net Margin | -64.6% | -97.6% | -279.4% | 33.0pp | 214.8pp |
| EPS (Diluted) | $-0.68 | $-5.60 | $-31.40 | 87.9% | 97.8% |
| Free Cash Flow | -$964.9K | -$2M | -$2M | 36.9% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$645.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | -$137.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $2.0K |
| 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 | $476.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $475.7K |
| Stock-Based Compensation | $72.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $89.7K |
| Change in Working Capital | $318.6K |
| OPERATING CASH FLOW | -$930.1K |
| Capital Expenditure | -$34.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400 |
| NET CASH FROM INVESTING | -$34.4K |
| Net Debt Issuance | -$31.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$31.0K |
| FREE CASH FLOW | -$964.9K |
| Net Change in Cash | -$995.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $260.1K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $151.1K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $30M |
| Account Payables | $999.9K |
| Short-Term Debt | $315.7K |
| Deferred Revenue | $78.1K |
| Other Current Liabilities | $278.4K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $864.6K |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $4M |
| Net Debt | -$11M |
