| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $185M | $169M | 9.2% | 19.8% |
| Op. Income | $10M | $10M | $21M | -1.5% | -52.7% |
| Gross Margin | 49.6% | 49.6% | 53.1% | -0.0pp | -3.5pp |
| Net Margin | 3.7% | 4.4% | 12.1% | -0.7pp | -8.4pp |
| EPS (Diluted) | $0.11 | $0.12 | $0.30 | -8.3% | -63.3% |
| Free Cash Flow | $4M | $4M | $22M | 5.6% | -80.0% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $100M |
| R&D Expenses | $30M |
| Selling & Marketing | $41M |
| General & Administrative | $19M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $10M |
| Interest Income | $240.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$32.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $4M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $100M |
| R&D Expenses | $30M |
| Selling & Marketing | $41M |
| General & Administrative | $19M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $10M |
| Interest Income | $240.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$32.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $4M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $757.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$495.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $173M |
| Net Receivables | $86M |
| Inventory | $98M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $461M |
| PP&E (Net) | $33M |
| Goodwill | $116M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $168M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $332M |
| TOTAL ASSETS | $793M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$415M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $617M |
| Minority Interest | $0 |
| TOTAL EQUITY | $617M |
| TOTAL LIABILITIES & EQUITY | $793M |
| Total Debt | $14M |
| Net Debt | -$37M |
