| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $47M | $79M | -11.5% | -47.4% |
| Op. Income | -$21M | -$8M | $443.0K | -157.9% | -4924.6% |
| Gross Margin | 19.1% | 30.1% | 36.5% | -11.0pp | -17.5pp |
| Net Margin | -43.2% | -13.9% | 2.2% | -29.3pp | -45.4pp |
| EPS (Diluted) | $-1.08 | $-0.40 | $0.09 | -170.0% | -1250.2% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $8M |
| R&D Expenses | $5M |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $63M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $84.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $2M |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $121M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $6M |
| Goodwill | $11M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $197M |
| Account Payables | $31M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | -$81M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $16M |
| Net Debt | $5M |
