| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $135M | $132M | 15.8% | 19.0% |
| Op. Income | $11M | $7M | $6M | 54.3% | 86.6% |
| Gross Margin | 47.3% | 46.8% | 48.0% | 0.4pp | -0.8pp |
| Net Margin | -0.9% | -3.3% | -3.6% | 2.4pp | 2.7pp |
| EPS (Diluted) | $-0.04 | $-0.13 | $-0.16 | 69.8% | 75.4% |
| Free Cash Flow | $8M | -$18M | $7M | 143.8% | 15.7% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $8M |
| Operating Expenses | $63M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $205.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $8M |
| EBIT | $11M |
| EBITDA | $19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $279.0K |
| Change in Working Capital | $878.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $166M |
| Inventory | $7M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $15M |
| Goodwill | $133M |
| Intangible Assets | $137M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $334M |
| TOTAL ASSETS | $523M |
| Account Payables | $49M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $499M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $661M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$84M |
| TOTAL STOCKHOLDERS' EQUITY | -$118M |
| Minority Interest | -$21M |
| TOTAL EQUITY | -$138M |
| TOTAL LIABILITIES & EQUITY | $523M |
| Total Debt | $503M |
| Net Debt | $492M |
