| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $443M | $451M | $436M | -1.7% | 1.6% |
| Op. Income | -$456M | $14M | $30M | -3412.9% | -1606.5% |
| Gross Margin | 32.7% | 32.1% | 33.6% | 0.6pp | -0.9pp |
| Net Margin | -107.0% | 5.6% | 0.3% | -112.6pp | -107.3pp |
| EPS (Diluted) | $-2.56 | $0.14 | $0.01 | -1928.6% | -25700.0% |
| Free Cash Flow | -$22M | -$13M | $16M | -62.6% | -237.8% |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $122M |
| SG&A Expenses | $122M |
| Other Expenses | $479M |
| Operating Expenses | $601M |
| Cost & Expenses | $899M |
| OPERATING INCOME | -$456M |
| Interest Income | $143.0K |
| Interest Expense | $23M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$474M |
| Income Tax Expense | -$344.0K |
| Net Income from Continuing Ops | -$474M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$474M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$474M |
| D&A | $10M |
| EBIT | -$451M |
| EBITDA | -$441M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$474M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $465M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $188.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $569.0K |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $24.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $253M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $293M |
| PP&E (Net) | $77M |
| Goodwill | $1.4B |
| Intangible Assets | $100M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $53M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $361M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $202M |
| Minority Interest | $0 |
| TOTAL EQUITY | $202M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
