| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $986.9K | $259.9K | 3.6% | 293.4% |
| Op. Income | -$1M | -$2M | -$1M | 7.9% | -12.7% |
| Gross Margin | 85.8% | 81.4% | 47.2% | 4.4pp | 38.5pp |
| Net Margin | -162.0% | -288.1% | -491.4% | 126.0pp | 329.4pp |
| EPS (Diluted) | $-0.17 | $-0.30 | $-0.13 | 43.3% | -30.8% |
| Free Cash Flow | -$1M | -$183.1K | -$175.5K | -485.2% | -510.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $145.4K |
| GROSS PROFIT | $877.1K |
| R&D Expenses | $989.4K |
| Selling & Marketing | $504.7K |
| General & Administrative | $779.7K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $19.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$260.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $27.7K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $27.7K |
| Stock-Based Compensation | $653.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $341.8K |
| Change in Working Capital | -$419.5K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$18.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.2K |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $599.9K |
| Inventory | $46.0K |
| Other Current Assets | $46.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $53.5K |
| Goodwill | $250.0K |
| Intangible Assets | $479.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80.0K |
| TOTAL NON-CURRENT ASSETS | $862.7K |
| TOTAL ASSETS | $15M |
| Account Payables | $112.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $114.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $623.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $623.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $10.3K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $623.8K |
| Net Debt | -$12M |
