| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196M | $202M | $260M | -2.9% | -24.5% |
| Op. Income | -$80M | -$198M | $266M | 59.7% | -130.1% |
| Gross Margin | 91.8% | 93.5% | 94.3% | -1.7pp | -2.5pp |
| Net Margin | -82.2% | -130.0% | 62.8% | 47.8pp | -144.9pp |
| EPS (Diluted) | $-2.29 | $-3.56 | $1.80 | 35.7% | -227.2% |
| Free Cash Flow | $123M | $136M | $137M | -9.7% | -10.6% |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $180M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $276M |
| OPERATING INCOME | -$80M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$81M |
| INCOME BEFORE TAX | -$161M |
| Income Tax Expense | $94.0K |
| Net Income from Continuing Ops | -$161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$161M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | -$161M |
| D&A | $0 |
| EBIT | -$80M |
| EBITDA | -$80M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$161M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $276M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $296M |
| NET CASH FROM INVESTING | $357M |
| Net Debt Issuance | -$345M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$487M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | -$229M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.0B |
| Account Payables | $0 |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $306M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $10.9B |
| Net Debt | $10.8B |
