| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.0K | — | $107.0K | — | -73.8% |
| Op. Income | -$2M | — | -$606.0K | — | -226.6% |
| Gross Margin | 42.9% | — | 93.5% | — | -50.6pp |
| Net Margin | -7325.0% | — | -598.1% | — | -6726.9pp |
| EPS (Diluted) | $-424.53 | — | $-132.45 | — | -220.5% |
| Free Cash Flow | -$1M | — | -$505.0K | — | -187.9% |
| Item | Amount |
|---|---|
| REVENUE | $28.0K |
| Cost of Revenue | $16.0K |
| GROSS PROFIT | $12.0K |
| R&D Expenses | $944.0K |
| Selling & Marketing | $471.0K |
| General & Administrative | $587.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$72.0K |
| 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 | $11.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$425 |
| EPS Diluted | -$425 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $11.0K |
| Stock-Based Compensation | $376.0K |
| Deferred Income Tax | -$381.0K |
| Other Non-Cash Items | $381.0K |
| Change in Working Capital | $225.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $500.0K |
| NET CASH FROM FINANCING | $500.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$954.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320.0K |
| Short-Term Investments | $0 |
| Net Receivables | $90.0K |
| Inventory | $8.0K |
| Other Current Assets | $18.0K |
| TOTAL CURRENT ASSETS | $418.0K |
| PP&E (Net) | $72.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.0K |
| TOTAL NON-CURRENT ASSETS | $97.0K |
| TOTAL ASSETS | $515.0K |
| Account Payables | $88.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $307.0K |
| Other Current Liabilities | $977.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$868.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$868.0K |
| TOTAL LIABILITIES & EQUITY | $515.0K |
| Total Debt | $25.0K |
| Net Debt | -$295.0K |
