| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $242M | $255M | 14.4% | 8.6% |
| Op. Income | $24M | $22M | $26M | 9.0% | -4.9% |
| Gross Margin | 54.8% | 56.1% | 55.4% | -1.4pp | -0.7pp |
| Net Margin | -60.7% | 6.2% | 5.2% | -66.9pp | -65.9pp |
| EPS (Diluted) | $-5.65 | $0.43 | $0.41 | -1414.0% | -1478.0% |
| Free Cash Flow | $13M | -$3M | $31M | 487.9% | -58.3% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $152M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$118M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | -$168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$168M |
| D&A | $12M |
| EBIT | -$88M |
| EBITDA | -$75M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$168M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $70M |
| Other Non-Cash Items | $113M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$143M |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $284M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$119M |
| NET CASH FROM FINANCING | $159M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $202M |
| Inventory | $290M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $577M |
| PP&E (Net) | $112M |
| Goodwill | $757M |
| Intangible Assets | $519M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $74M |
| Short-Term Debt | $272.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $982M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $401M |
| Retained Earnings | $352M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $673M |
| Minority Interest | $0 |
| TOTAL EQUITY | $673M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $983M |
| Net Debt | $930M |
