| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $77M | $76M | 4.0% | 5.5% |
| Op. Income | $5M | $2M | $1M | 177.6% | 243.2% |
| Gross Margin | 64.9% | 65.7% | 66.3% | -0.7pp | -1.4pp |
| Net Margin | -5.3% | -4.4% | -2.9% | -0.9pp | -2.4pp |
| EPS (Diluted) | $-0.11 | $-0.09 | $-0.06 | -29.4% | -96.8% |
| Free Cash Flow | -$10M | -$3M | -$3M | -257.1% | -226.8% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $52M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $5M |
| Interest Income | $30.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $959.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | $801.0K |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $315.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$470.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$676.0K |
| Common Stock Repurchased | -$9.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$112.0K |
| NET CASH FROM FINANCING | -$797.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $74M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $240M |
| PP&E (Net) | $79M |
| Goodwill | $241M |
| Intangible Assets | $187M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $524M |
| TOTAL ASSETS | $765M |
| Account Payables | $11M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $307M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $442M |
| TOTAL LIABILITIES | $483M |
| Common Stock | $417.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | -$6M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $282M |
| Minority Interest | $0 |
| TOTAL EQUITY | $282M |
| TOTAL LIABILITIES & EQUITY | $765M |
| Total Debt | $358M |
| Net Debt | $317M |
