| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $208M | $237M | -11.1% | -22.0% |
| Op. Income | -$3M | $40M | $16M | -108.4% | -120.4% |
| Gross Margin | 38.1% | 39.0% | 40.8% | -0.9pp | -2.7pp |
| Net Margin | -1.4% | 14.5% | 5.3% | -15.9pp | -6.6pp |
| EPS (Diluted) | $-0.31 | $3.59 | $1.36 | -108.6% | -122.8% |
| Free Cash Flow | -$30M | -$27M | -$11M | -10.5% | -170.2% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$3M |
| Interest Income | $2.0K |
| Interest Expense | $78.0K |
| Other Income/Expenses | -$76.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$870.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $18M |
| EBIT | -$3M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | -$338.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $679.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $626.0K |
| Inventory | $142M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $310M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $314M |
| TOTAL ASSETS | $502M |
| Account Payables | $83M |
| Short-Term Debt | $48M |
| Deferred Revenue | $1M |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $202M |
| TOTAL LIABILITIES | $368M |
| Common Stock | $159.0K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | $300M |
| Treasury Stock | -$267M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134M |
| Minority Interest | $0 |
| TOTAL EQUITY | $134M |
| TOTAL LIABILITIES & EQUITY | $502M |
| Total Debt | $248M |
| Net Debt | $220M |
