| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $144M | $121M | 9.5% | 29.9% |
| Op. Income | -$6M | -$14M | -$11M | 55.0% | 43.5% |
| Gross Margin | 65.0% | 64.7% | 66.2% | 0.3pp | -1.3pp |
| Net Margin | -8.2% | -9.3% | -20.1% | 1.1pp | 11.9pp |
| EPS (Diluted) | $-0.07 | $-0.07 | $-0.13 | 3.4% | 49.4% |
| Free Cash Flow | $6M | $8M | $11M | -23.4% | -41.7% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $102M |
| R&D Expenses | $17M |
| Selling & Marketing | $30M |
| General & Administrative | $33M |
| SG&A Expenses | $63M |
| Other Expenses | $28M |
| Operating Expenses | $108M |
| Cost & Expenses | $163M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $28M |
| EBIT | -$6M |
| EBITDA | $21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$219.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $13M |
| Goodwill | $914M |
| Intangible Assets | $485M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $8M |
| Short-Term Debt | $11M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $533M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $561M |
| TOTAL LIABILITIES | $670M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$539M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $964M |
| Minority Interest | $0 |
| TOTAL EQUITY | $964M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $544M |
| Net Debt | $439M |
