| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $3M | 23.7% | 109.3% |
| Op. Income | $939.0K | -$173.0K | -$351.0K | 642.8% | 367.5% |
| Gross Margin | 40.7% | 32.1% | 47.3% | 8.6pp | -6.6pp |
| Net Margin | 12.0% | -5.9% | -14.9% | 17.9pp | 26.9pp |
| EPS (Diluted) | $0.04 | $-0.02 | $-0.03 | 325.8% | 247.2% |
| Free Cash Flow | -$5M | $5M | -$1M | -192.9% | -254.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $70.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $939.0K |
| Interest Income | $0 |
| Interest Expense | $158.0K |
| Other Income/Expenses | -$158.0K |
| INCOME BEFORE TAX | $781.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $771.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771.0K |
| D&A | $69.0K |
| EBIT | $939.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $70.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $939.0K |
| Interest Income | $0 |
| Interest Expense | $158.0K |
| Other Income/Expenses | -$158.0K |
| INCOME BEFORE TAX | $781.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $771.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771.0K |
| D&A | $69.0K |
| EBIT | $939.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $771.0K |
| Depreciation & Amortization | $69.0K |
| Stock-Based Compensation | $107.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$114.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$114.0K |
| Net Debt Issuance | $19.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $50.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $231.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $5M |
| Goodwill | $780.0K |
| Intangible Assets | $81.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $890.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $21M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $71M |
| Retained Earnings | -$66M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $7M |
| Net Debt | -$1M |
