| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $9M | $9M | 24.4% | 28.3% |
| Op. Income | -$19M | -$18M | -$11M | -5.1% | -75.0% |
| Gross Margin | 85.0% | 80.9% | 78.6% | 4.1pp | 6.4pp |
| Net Margin | -167.8% | -225.7% | -111.1% | 57.9pp | -56.7pp |
| EPS (Diluted) | $-0.52 | $-0.60 | $-0.35 | 13.3% | -48.6% |
| Free Cash Flow | -$19M | -$20M | -$11M | 4.8% | -83.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $13M |
| Selling & Marketing | $7M |
| General & Administrative | $9M |
| SG&A Expenses | $15M |
| Other Expenses | $615.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$19M |
| Interest Income | $362.0K |
| Interest Expense | $552.0K |
| Other Income/Expenses | -$190.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $704.0K |
| EBIT | -$19M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $704.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$114.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$218.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $206.0K |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | -$34.0K |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$242.0K |
| NET CASH FROM FINANCING | -$276.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $89M |
| Net Receivables | $23M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $233M |
| Account Payables | $7M |
| Short-Term Debt | $10M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $760M |
| Retained Earnings | -$609M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $602.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $151M |
| Minority Interest | $0 |
| TOTAL EQUITY | $151M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $44M |
| Net Debt | -$38M |
