| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $102M | $85M | 0.1% | 20.6% |
| Op. Income | -$69M | -$63M | -$57M | -9.5% | -20.0% |
| Gross Margin | 44.9% | 47.3% | 52.6% | -2.4pp | -7.7pp |
| Net Margin | -16.0% | -62.8% | -68.6% | 46.7pp | 52.5pp |
| EPS (Diluted) | $-0.14 | $-0.54 | $-0.51 | 74.1% | 72.5% |
| Free Cash Flow | -$57M | -$19M | -$24M | -195.8% | -141.6% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $46M |
| R&D Expenses | $39M |
| Selling & Marketing | $47M |
| General & Administrative | $30M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $171M |
| OPERATING INCOME | -$69M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $159.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $18M |
| EBIT | -$15M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$207M |
| Sales/Maturities of Investments | $287M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$174M |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$184M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $420M |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $580M |
| PP&E (Net) | $273M |
| Goodwill | $670M |
| Intangible Assets | $94M |
| Long-Term Investments | $285M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $703M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $798M |
| TOTAL LIABILITIES | $939M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$592M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $994M |
| Minority Interest | $0 |
| TOTAL EQUITY | $994M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $838M |
| Net Debt | $775M |
