| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $148M | $129M | 2.2% | 17.4% |
| Op. Income | -$37M | -$39M | -$33M | 4.3% | -12.3% |
| Gross Margin | 60.8% | 59.7% | 56.2% | 1.0pp | 4.5pp |
| Net Margin | -27.9% | -29.6% | -29.7% | 1.7pp | 1.8pp |
| EPS (Diluted) | $-0.38 | $-0.40 | $-0.37 | 5.0% | -2.7% |
| Free Cash Flow | -$1M | -$3M | -$13M | 57.3% | 88.7% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $92M |
| R&D Expenses | $28M |
| Selling & Marketing | $77M |
| General & Administrative | $24M |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $189M |
| OPERATING INCOME | -$37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $233.0K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $12M |
| EBIT | -$37M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $45M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $273M |
| PP&E (Net) | $149M |
| Goodwill | $131M |
| Intangible Assets | $15M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $400M |
| TOTAL ASSETS | $673M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $317M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $399M |
| TOTAL LIABILITIES | $520M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $836M |
| Retained Earnings | -$677M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $673M |
| Total Debt | $408M |
| Net Debt | $305M |
