| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $14M | -3.0% | -35.5% |
| Op. Income | -$6M | -$790.2K | -$1M | -642.7% | -332.8% |
| Gross Margin | 5.4% | 22.8% | 10.5% | -17.4pp | -5.1pp |
| Net Margin | -53.8% | -8.3% | -7.9% | -45.5pp | -45.8pp |
| EPS (Diluted) | $-0.11 | $-0.02 | $-0.03 | -514.5% | -326.4% |
| Free Cash Flow | -$3M | -$2M | $3M | -29.8% | -189.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $505.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$6M |
| Interest Income | $28.9K |
| Interest Expense | $540.3K |
| Other Income/Expenses | $858.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$767 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $329.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $329.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$768 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $357.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$52.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52.6K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $77.7K |
| NET CASH FROM FINANCING | -$954.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $3M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $5M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $18.4K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $61M |
| Account Payables | $2M |
| Short-Term Debt | $21M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$68M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$848.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$15M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $49M |
| Net Debt | $44M |
