| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | -2.4% | 66.3% |
| Op. Income | -$758.2K | -$2M | -$70.4K | 52.0% | -977.0% |
| Gross Margin | -3.1% | 2.5% | 3.9% | -5.6pp | -7.0pp |
| Net Margin | -19.3% | -76.0% | -6.8% | 56.7pp | -12.5pp |
| EPS (Diluted) | $-0.01 | $-0.03 | $-0.00 | 75.1% | -380.0% |
| Free Cash Flow | -$564.3K | -$479.8K | — | -17.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$62.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $35.7K |
| General & Administrative | $660.2K |
| SG&A Expenses | $695.9K |
| Other Expenses | $0 |
| Operating Expenses | $695.9K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$758.2K |
| Interest Income | $0 |
| Interest Expense | $23.6K |
| Other Income/Expenses | $364.4K |
| INCOME BEFORE TAX | -$393.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$393.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$393.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$393.8K |
| D&A | $385.1K |
| EBIT | -$370.2K |
| EBITDA | $14.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$393.8K |
| Depreciation & Amortization | $385.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$385.9K |
| Change in Working Capital | $19.1K |
| OPERATING CASH FLOW | -$375.5K |
| Capital Expenditure | -$188.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$188.8K |
| Net Debt Issuance | -$97 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $59.9K |
| FREE CASH FLOW | -$564.3K |
| Net Change in Cash | -$504.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $582.7K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $35.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $618.2K |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $174.4K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $6M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $946 |
| Additional Paid-In Capital | $553.5K |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $7M |
| Net Debt | $6M |
