| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $107M | $97M | 8.2% | 19.3% |
| Op. Income | $4M | $2M | $8M | 65.1% | -51.4% |
| Gross Margin | 36.7% | 36.8% | 41.9% | -0.1pp | -5.2pp |
| Net Margin | 0.2% | -1.0% | 4.9% | 1.1pp | -4.7pp |
| EPS (Diluted) | $0.00 | $-0.01 | $0.05 | 116.8% | -96.3% |
| Free Cash Flow | $32M | -$10M | $18M | 416.3% | 74.9% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $43M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $659.0K |
| Income Tax Expense | $480.0K |
| Net Income from Continuing Ops | $179.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179.0K |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $43M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $659.0K |
| Income Tax Expense | $480.0K |
| Net Income from Continuing Ops | $179.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179.0K |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $179.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$803.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$803.0K |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$258.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $124M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $32M |
| Goodwill | $58M |
| Intangible Assets | $322.0K |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $476M |
| Account Payables | $29M |
| Short-Term Debt | $8M |
| Deferred Revenue | $101M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $537M |
| Retained Earnings | -$488M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $476M |
| Total Debt | $204M |
| Net Debt | $81M |
