| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $62M | $93M | 12.0% | -25.3% |
| Op. Income | $3M | -$2M | $14M | 221.4% | -81.4% |
| Gross Margin | 48.3% | 47.1% | 49.7% | 1.1pp | -1.5pp |
| Net Margin | 3.4% | -2.5% | 12.4% | 5.9pp | -9.1pp |
| EPS (Diluted) | $0.08 | $-0.06 | $0.40 | 243.7% | -79.0% |
| Free Cash Flow | $7M | -$21M | $18M | 135.7% | -58.8% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $33M |
| R&D Expenses | $11M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $31M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $407.0K |
| Other Income/Expenses | -$36.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $307.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $33M |
| R&D Expenses | $11M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $31M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $407.0K |
| Other Income/Expenses | -$36.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $307.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $80.0K |
| Other Non-Cash Items | $69.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$933.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$487.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $574.0K |
| NET CASH FROM FINANCING | $87.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $47M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $16M |
| Goodwill | $10M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $235M |
| Account Payables | $28M |
| Short-Term Debt | $3M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $117M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | -$7M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $235M |
| Total Debt | $32M |
| Net Debt | -$14M |
