| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $77M | $73M | 1.7% | 7.6% |
| Op. Income | -$9M | -$8M | -$5M | -7.1% | -79.5% |
| Gross Margin | 51.8% | 52.1% | 55.2% | -0.3pp | -3.4pp |
| Net Margin | -10.7% | -9.1% | -5.9% | -1.6pp | -4.8pp |
| EPS (Diluted) | $-0.21 | $-0.18 | $-0.11 | -16.7% | -90.9% |
| Free Cash Flow | $810.0K | -$10M | $10M | 108.2% | -92.0% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $41M |
| R&D Expenses | $8M |
| Selling & Marketing | $24M |
| General & Administrative | $10M |
| SG&A Expenses | $33M |
| Other Expenses | $8M |
| Operating Expenses | $49M |
| Cost & Expenses | $87M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $174.0K |
| Other Income/Expenses | -$184.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$512.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $7M |
| EBIT | -$9M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$569.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$737.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $942.0K |
| NET CASH FROM FINANCING | $942.0K |
| FREE CASH FLOW | $810.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $48M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $43M |
| Goodwill | $202M |
| Intangible Assets | $165M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $422M |
| TOTAL ASSETS | $554M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $122M |
| Common Stock | $379.0K |
| Additional Paid-In Capital | $580M |
| Retained Earnings | -$147M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $432M |
| Minority Interest | $0 |
| TOTAL EQUITY | $432M |
| TOTAL LIABILITIES & EQUITY | $554M |
| Total Debt | $25M |
| Net Debt | -$9M |
