| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $22M | 4.1% | -3.8% |
| Op. Income | -$925.0K | -$1M | -$3M | 38.1% | 65.1% |
| Gross Margin | 19.4% | 15.3% | 14.6% | 4.1pp | 4.8pp |
| Net Margin | -0.6% | -7.8% | -11.5% | 7.2pp | 10.9pp |
| EPS (Diluted) | $-0.03 | $-0.17 | $-0.28 | 83.6% | 90.1% |
| Free Cash Flow | -$6M | -$8M | -$3M | 19.7% | -122.0% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $4M |
| R&D Expenses | $180.0K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $766.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$925.0K |
| Interest Income | $645.0K |
| Interest Expense | $136.0K |
| Other Income/Expenses | $624.0K |
| INCOME BEFORE TAX | -$301.0K |
| Income Tax Expense | -$170.0K |
| Net Income from Continuing Ops | -$131.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | -$132.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$132.0K |
| D&A | $926.0K |
| EBIT | -$280.0K |
| EBITDA | $646.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$132.0K |
| Depreciation & Amortization | $926.0K |
| Stock-Based Compensation | $62.0K |
| Deferred Income Tax | -$188.0K |
| Other Non-Cash Items | -$362.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $44M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $116M |
| Account Payables | $8M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $3M |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $8M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$115.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $24M |
| Net Debt | $16M |
