| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $851.0K | — | 298.1% |
| Op. Income | -$95.6K | — | -$569.1K | — | 83.2% |
| Gross Margin | 27.9% | — | 37.1% | — | -9.2pp |
| Net Margin | 2.8% | — | -34.4% | — | 37.2pp |
| EPS (Diluted) | $0.02 | — | $-0.05 | — | 130.6% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $946.5K |
| R&D Expenses | $300.9K |
| Selling & Marketing | $257.0K |
| General & Administrative | $484.4K |
| SG&A Expenses | $741.4K |
| Other Expenses | $0 |
| Operating Expenses | $641.0K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$95.6K |
| Interest Income | $7.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $393.5K |
| INCOME BEFORE TAX | $297.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $297.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93.5K |
| D&A | $302.5K |
| EBIT | -$95.6K |
| EBITDA | $206.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $93.5K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$93.5K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $950.6K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $349.5K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $744.5K |
| Long-Term Investments | $671.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $14M |
| Account Payables | $1M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $0 |
| Additional Paid-In Capital | $79M |
| Retained Earnings | -$95M |
| Treasury Stock | -$896.1K |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$21M |
| Minority Interest | -$7M |
| TOTAL EQUITY | -$27M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $20M |
| Net Debt | $20M |
