| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $712.0K | $658.0K | $1M | 8.2% | -47.5% |
| Op. Income | -$19M | -$21M | -$29M | 9.3% | 32.2% |
| Gross Margin | -1659.4% | -2080.7% | -1337.4% | 421.3pp | -322.0pp |
| Net Margin | -2680.8% | -3240.0% | -2219.6% | 559.2pp | -461.2pp |
| EPS (Diluted) | $-0.49 | $-0.56 | $-0.80 | 12.5% | 38.8% |
| Free Cash Flow | -$20M | $34M | -$23M | -157.4% | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $712.0K |
| Cost of Revenue | $13M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$13M |
| Operating Expenses | $8M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$19M |
| Interest Income | $219.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $280.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $1M |
| EBIT | -$19M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | -$605.0K |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $807.0K |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $70M |
| Net Receivables | $151.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $152M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $189M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $448M |
| Retained Earnings | -$388M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$364.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $24M |
| Net Debt | -$54M |
