| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $97M | $72M | -5.3% | 27.0% |
| Op. Income | $7M | $11M | $2M | -33.4% | 278.2% |
| Gross Margin | 63.1% | 63.8% | 65.2% | -0.7pp | -2.0pp |
| Net Margin | 6.2% | 8.5% | 0.6% | -2.3pp | 5.6pp |
| EPS (Diluted) | $0.11 | $0.15 | $0.01 | -26.7% | 1000.0% |
| Free Cash Flow | -$8M | $5M | -$10M | -255.8% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $96.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $597.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $475.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $6M |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $96.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $597.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $475.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $6M |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $349.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$188.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $77M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $181M |
| PP&E (Net) | $14M |
| Goodwill | $172M |
| Intangible Assets | $90M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $312M |
| TOTAL ASSETS | $493M |
| Account Payables | $19M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $94M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $803.0K |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $511.0K |
| Additional Paid-In Capital | $785M |
| Retained Earnings | -$491M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $493M |
| Total Debt | $135M |
| Net Debt | $94M |
