| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $92M | $89M | 16.6% | 19.8% |
| Op. Income | -$25M | -$35M | -$413.0K | 29.5% | -5926.2% |
| Gross Margin | 42.4% | 33.6% | 49.6% | 8.8pp | -7.2pp |
| Net Margin | -22.3% | -49.0% | -0.7% | 26.8pp | -21.6pp |
| EPS (Diluted) | $-0.69 | $-1.32 | $-0.13 | 47.4% | -451.4% |
| Free Cash Flow | -$8M | -$5M | $3M | -77.7% | -412.0% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $45M |
| R&D Expenses | $10M |
| Selling & Marketing | $19M |
| General & Administrative | $33M |
| SG&A Expenses | $51M |
| Other Expenses | $9M |
| Operating Expenses | $70M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $9M |
| EBIT | -$17M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$324.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $89M |
| Goodwill | $195M |
| Intangible Assets | $148M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $448M |
| TOTAL ASSETS | $637M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $710M |
| Retained Earnings | -$391M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $317M |
| Minority Interest | $4M |
| TOTAL EQUITY | $321M |
| TOTAL LIABILITIES & EQUITY | $637M |
| Total Debt | $234M |
| Net Debt | $166M |
