| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | — | 1.6% | — |
| Op. Income | -$964.0K | -$904.0K | — | -6.6% | — |
| Gross Margin | 33.1% | 39.4% | — | -6.3pp | — |
| Net Margin | -2.7% | -29.8% | — | 27.1pp | — |
| EPS (Diluted) | $-0.43 | $-5.25 | — | 91.9% | — |
| Free Cash Flow | -$1M | -$1M | — | -4.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $10.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$964.0K |
| Interest Income | $0 |
| Interest Expense | $4.0K |
| Other Income/Expenses | $869.0K |
| INCOME BEFORE TAX | -$95.0K |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$100.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$100.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$100.0K |
| D&A | $52.0K |
| EBIT | -$964.0K |
| EBITDA | -$912.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$100.0K |
| Depreciation & Amortization | $52.0K |
| Stock-Based Compensation | $55.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$723.0K |
| Change in Working Capital | -$588.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $36.0K |
| NET CASH FROM INVESTING | $11.0K |
| Net Debt Issuance | -$198.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $2M |
| Other Current Assets | $212.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $770.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $20M |
| Account Payables | $2M |
| Short-Term Debt | $786.0K |
| Deferred Revenue | $153.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $205.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $196M |
| Retained Earnings | -$180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $1M |
| Net Debt | -$7M |
