| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | — | $18M | — | 37.0% |
| Op. Income | -$10M | — | -$5M | — | -109.2% |
| Gross Margin | 56.8% | — | 30.8% | — | 26.0pp |
| Net Margin | -40.2% | — | -19.6% | — | -20.6pp |
| EPS (Diluted) | $-1.61 | — | $-0.63 | — | -155.6% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $23M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$10M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$586.5K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$10.7K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $3M |
| EBIT | -$10M |
| EBITDA | -$7M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $13M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $38M |
| Goodwill | $2M |
| Intangible Assets | $32M |
| Long-Term Investments | $812.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $376M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $771.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $397M |
| Retained Earnings | -$44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$205.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $352M |
| Minority Interest | $5M |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $376M |
| Total Debt | $3M |
| Net Debt | -$249M |
