| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $39M | $46M | 26.1% | 6.0% |
| Op. Income | -$6M | -$7M | -$4M | 19.8% | -40.8% |
| Gross Margin | 8.0% | 7.0% | 11.4% | 0.9pp | -3.4pp |
| Net Margin | -4.8% | -17.6% | -14.3% | 12.8pp | 9.6pp |
| EPS (Diluted) | $-0.08 | $-0.26 | $-0.27 | 67.6% | 68.8% |
| Free Cash Flow | -$5M | -$9M | -$14M | 46.0% | 66.1% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $455.0K |
| 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 | $2M |
| EBIT | -$126.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $340.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$983.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $317.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $289.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $24M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $45M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $70M |
| Tax Assets | $130.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $141M |
| TOTAL ASSETS | $228M |
| Account Payables | $25M |
| Short-Term Debt | $56M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $829.0K |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $715M |
| Retained Earnings | -$647M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $5M |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $76M |
| Net Debt | $63M |
