| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $40M | $27M | 3.2% | 50.3% |
| Op. Income | -$7M | -$5M | -$759.1K | -40.3% | -802.2% |
| Gross Margin | 32.4% | 30.1% | 30.6% | 2.3pp | 1.8pp |
| Net Margin | -15.7% | -10.6% | 0.8% | -5.0pp | -16.5pp |
| EPS (Diluted) | $-0.13 | $-0.13 | $0.01 | 1.6% | -2152.1% |
| Free Cash Flow | $4M | -$5M | $3M | 175.5% | 27.8% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $13M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $8M |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $20M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$7M |
| Interest Income | $826.4K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $4M |
| EBIT | -$7M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $281.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $193.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $193.2K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $935.8K |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $4M |
| Goodwill | $215M |
| Intangible Assets | $93M |
| Long-Term Investments | $2M |
| Tax Assets | $3M |
| Other Non-Current Assets | $675.3K |
| TOTAL NON-CURRENT ASSETS | $319M |
| TOTAL ASSETS | $381M |
| Account Payables | $37M |
| Short-Term Debt | $14M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84.4K |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $193M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $231M |
| Minority Interest | -$66.7K |
| TOTAL EQUITY | $231M |
| TOTAL LIABILITIES & EQUITY | $381M |
| Total Debt | $41M |
| Net Debt | $17M |
