| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $75M | $71M | 13.3% | 18.4% |
| Op. Income | -$14M | -$14M | -$15M | 3.5% | 9.4% |
| Gross Margin | 75.1% | 74.5% | 75.8% | 0.6pp | -0.6pp |
| Net Margin | -17.6% | -20.4% | -22.8% | 2.8pp | 5.2pp |
| EPS (Diluted) | $-0.32 | $-0.33 | $-0.36 | 3.0% | 11.1% |
| Free Cash Flow | $45.0K | -$28M | -$9M | 100.2% | 100.5% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $64M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | -$111.0K |
| Operating Expenses | $77M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$14M |
| Interest Income | $76.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $45.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $3M |
| EBIT | -$14M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $892.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$220.0K |
| Common Stock Repurchased | -$938.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $45.0K |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $64M |
| Net Receivables | $41M |
| Inventory | $41M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $40M |
| Goodwill | $235M |
| Intangible Assets | $41M |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $804.0K |
| TOTAL NON-CURRENT ASSETS | $381M |
| TOTAL ASSETS | $587M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $771M |
| Retained Earnings | -$310M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $457M |
| Minority Interest | $0 |
| TOTAL EQUITY | $457M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $75M |
| Net Debt | $20M |
