| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | — | $54M | — | 189.5% |
| Op. Income | -$76M | — | -$14M | — | -436.8% |
| Gross Margin | 78.0% | — | 74.1% | — | 3.9pp |
| Net Margin | -51.4% | — | -31.8% | — | -19.6pp |
| EPS (Diluted) | $-0.78 | — | $-0.21 | — | -271.4% |
| Free Cash Flow | -$16M | — | -$17M | — | 7.2% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $122M |
| R&D Expenses | $52M |
| Selling & Marketing | $81M |
| General & Administrative | $65M |
| SG&A Expenses | $146M |
| Other Expenses | $0 |
| Operating Expenses | $198M |
| Cost & Expenses | $233M |
| OPERATING INCOME | -$76M |
| Interest Income | $770.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | -$635.0K |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $25M |
| EBIT | -$79M |
| EBITDA | -$54M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$399.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$89.0K |
| Purchases of Investments | -$844M |
| Sales/Maturities of Investments | $376M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$515M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $962M |
| NET CASH FROM FINANCING | $959M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $431M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.1B |
| Net Receivables | $238M |
| Inventory | $0 |
| Other Current Assets | $3.4B |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $129M |
| Goodwill | $2.4B |
| Intangible Assets | $472M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $12M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $3.4B |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $640M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $752M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$373M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $1.9B |
| Net Debt | $185M |
