| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | $30M | -3.5% | 9.0% |
| Op. Income | -$276.0K | $468.0K | $2M | -159.0% | -117.4% |
| Gross Margin | 79.4% | 81.4% | 87.9% | -1.9pp | -8.4pp |
| Net Margin | -3.4% | -4.9% | 1.0% | 1.5pp | -4.4pp |
| EPS (Diluted) | $-0.05 | $-0.07 | $0.01 | 33.9% | -585.0% |
| Free Cash Flow | -$9M | $9M | -$7M | -204.4% | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $26M |
| R&D Expenses | $20M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $750.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$276.0K |
| Interest Income | $580.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$272.0K |
| INCOME BEFORE TAX | -$548.0K |
| Income Tax Expense | $575.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $2M |
| EBIT | -$276.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $809.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $119M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $174M |
| PP&E (Net) | $15M |
| Goodwill | $75M |
| Intangible Assets | $12M |
| Long-Term Investments | $9M |
| Tax Assets | $21M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $146M |
| TOTAL ASSETS | $319M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $237M |
| Retained Earnings | $53M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $274M |
| Minority Interest | $0 |
| TOTAL EQUITY | $274M |
| TOTAL LIABILITIES & EQUITY | $319M |
| Total Debt | $7M |
| Net Debt | -$12M |
