| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $21M | — | -46.7% |
| Op. Income | -$8M | — | -$375.0K | — | -1946.9% |
| Gross Margin | 5.2% | — | 15.6% | — | -10.4pp |
| Net Margin | -88.1% | — | -1.8% | — | -86.3pp |
| EPS (Diluted) | $-5.10 | — | $-0.30 | — | -1600.0% |
| Free Cash Flow | -$6M | — | -$7M | — | 10.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $588.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $1M |
| Operating Expenses | $8M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$815.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $310.0K |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $2 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $1M |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $303.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $1M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $72M |
| Account Payables | $10M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $391.0K |
| Other Non-Current Liabilities | $177.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $251.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$59M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $99M |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $25M |
| Net Debt | $22M |
