$MINM Q1 2022 Financial Highlights: Net revenue
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Posted On: 05/11/2022 12:12:02 PM
$MINM Q1 2022 Financial Highlights:
Net revenue of $13.3 million, up 27% quarter-over-quarter compared to $10.5 million in Q4 2021.
Total deferred revenue as of March 31, 2022 increased by 13% compared to Q4 2021.
Gross margin of 31.5% compared to 33.0% in Q4 2021.
Net loss of ($2.5) million compared to a net loss of ($3.2) million in Q4 2021.
Accounts payable declined to $8.2 million compared to $12.5 million at the end of the prior quarter. #Wallstreetbets and #Frontpagestocks
Net revenue of $13.3 million, up 27% quarter-over-quarter compared to $10.5 million in Q4 2021.
Total deferred revenue as of March 31, 2022 increased by 13% compared to Q4 2021.
Gross margin of 31.5% compared to 33.0% in Q4 2021.
Net loss of ($2.5) million compared to a net loss of ($3.2) million in Q4 2021.
Accounts payable declined to $8.2 million compared to $12.5 million at the end of the prior quarter. #Wallstreetbets and #Frontpagestocks
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