| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5K | $1.5K | $0 | 0.0% | — |
| Op. Income | -$2M | -$3M | -$1M | 39.4% | -27.1% |
| Gross Margin | -6324.4% | -6397.7% | — | 73.3pp | — |
| Net Margin | -12558.4% | -371311.9% | — | 358753.5pp | — |
| EPS (Diluted) | $-23.03 | $-716.53 | $-195.97 | 96.8% | 88.2% |
| Free Cash Flow | -$2M | — | -$959.5K | — | -103.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5K |
| Cost of Revenue | $96.4K |
| GROSS PROFIT | -$94.9K |
| R&D Expenses | $485.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$188.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$188.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$188.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$188.4K |
| D&A | $96.4K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | -$23 |
| EPS Diluted | -$23 |
| Item | Amount |
|---|---|
| Net Income | -$188.4K |
| Depreciation & Amortization | $96.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$359.3K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3K |
| Inventory | $172.3K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.7K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $8M |
| Account Payables | $275.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $753.9K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3M |
| Common Stock | $110 |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | -$53.6K |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $1M |
| Net Debt | -$2M |
