| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | — | $42M | — | 1.7% |
| Op. Income | $244.0K | — | -$2M | — | 114.8% |
| Gross Margin | 9.2% | — | 11.2% | — | -1.9pp |
| Net Margin | -0.0% | — | -1.4% | — | 1.4pp |
| EPS (Diluted) | $-0.00 | — | $-0.21 | — | 99.1% |
| Free Cash Flow | -$6M | — | -$4M | — | -43.7% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $4M |
| R&D Expenses | $560.2K |
| Selling & Marketing | $930.1K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $244.0K |
| Interest Income | $4.5K |
| Interest Expense | $465.5K |
| Other Income/Expenses | -$242.7K |
| INCOME BEFORE TAX | $1.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8.4K |
| D&A | $339.7K |
| EBIT | $244.0K |
| EBITDA | $583.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8.4K |
| Depreciation & Amortization | $339.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $176.5K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$165.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$165.8K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $236.6K |
| Net Receivables | $35M |
| Inventory | $27M |
| Other Current Assets | $79.2K |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $25M |
| Tax Assets | $359.3K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $128M |
| Account Payables | $3M |
| Short-Term Debt | $22M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $38M |
| Common Stock | $0 |
| Additional Paid-In Capital | $63M |
| Retained Earnings | $20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | -$125.0K |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $340.0K |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $128M |
| Total Debt | $22M |
| Net Debt | $17M |
