| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $268M | $242M | 4.9% | 16.0% |
| Op. Income | $20M | $20M | $6M | 1.5% | 218.8% |
| Gross Margin | 55.6% | 57.0% | 56.8% | -1.4pp | -1.2pp |
| Net Margin | 4.7% | 4.7% | -1.3% | 0.0pp | 6.0pp |
| EPS (Diluted) | $0.10 | $0.10 | $-0.02 | 0.0% | 504.9% |
| Free Cash Flow | $19M | $37M | $33M | -48.5% | -42.5% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $156M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $20M |
| Interest Income | $83.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| 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 | $16M |
| EBIT | $18M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $156M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $20M |
| Interest Income | $83.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| 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 | $16M |
| EBIT | $18M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $208.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $133M |
| Inventory | $37M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $431M |
| PP&E (Net) | $83M |
| Goodwill | $395M |
| Intangible Assets | $41M |
| Long-Term Investments | -$4M |
| Tax Assets | $4M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $582M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $59M |
| Short-Term Debt | $47M |
| Deferred Revenue | $225M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $468M |
| Long-Term Debt | $288M |
| Deferred Revenue NC | $148M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $943M |
| Common Stock | $137.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$952M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $0 |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $379M |
| Net Debt | $205M |
