| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $202M | $198M | -3.7% | -1.9% |
| Op. Income | $7M | $5M | $35M | 36.6% | -78.9% |
| Gross Margin | 76.5% | 72.8% | 69.4% | 3.8pp | 7.1pp |
| Net Margin | 3.8% | 2.8% | 16.5% | 1.0pp | -12.7pp |
| EPS (Diluted) | $0.05 | $0.04 | $0.20 | 16.0% | -75.0% |
| Free Cash Flow | $36M | $51M | $43M | -29.0% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $149M |
| R&D Expenses | $52M |
| Selling & Marketing | $35M |
| General & Administrative | $54M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $193.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $20M |
| EBIT | $9M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $149M |
| R&D Expenses | $52M |
| Selling & Marketing | $35M |
| General & Administrative | $54M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $193.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $20M |
| EBIT | $9M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$5.0K |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $69M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $981M |
| Net Receivables | $17M |
| Inventory | $20M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $211M |
| Goodwill | $617M |
| Intangible Assets | $91M |
| Long-Term Investments | $266M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $53M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$324M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $819M |
| Minority Interest | $0 |
| TOTAL EQUITY | $819M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
