| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $53M | $39M | 9.5% | 48.1% |
| Op. Income | -$25M | -$22M | -$10M | -11.8% | -152.2% |
| Gross Margin | 70.7% | 69.7% | 69.1% | 0.9pp | 1.6pp |
| Net Margin | -42.3% | -41.9% | -25.7% | -0.4pp | -16.6pp |
| EPS (Diluted) | $-0.22 | $-0.20 | $-0.10 | -10.0% | -123.6% |
| Free Cash Flow | $8M | -$10M | -$6M | 185.0% | 240.3% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $41M |
| R&D Expenses | $20M |
| Selling & Marketing | $34M |
| General & Administrative | $11M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $293.0K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $278.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $1M |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $957.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$669.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $279.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $366M |
| PP&E (Net) | $19M |
| Goodwill | $4M |
| Intangible Assets | $3M |
| Long-Term Investments | $851.0K |
| Tax Assets | -$851.0K |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $427M |
| Account Payables | $548.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $98M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $525M |
| Retained Earnings | -$227M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $298M |
| Minority Interest | $0 |
| TOTAL EQUITY | $298M |
| TOTAL LIABILITIES & EQUITY | $427M |
| Total Debt | $13M |
| Net Debt | -$297M |
