| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $68M | $78M | 7.4% | -6.9% |
| Op. Income | -$37M | $10M | -$14M | -475.4% | -158.5% |
| Gross Margin | 75.5% | 74.8% | 77.3% | 0.7pp | -1.8pp |
| Net Margin | -62.6% | 7.9% | -22.4% | -70.6pp | -40.3pp |
| EPS (Diluted) | $-0.96 | $0.11 | $-0.38 | -972.7% | -152.6% |
| Free Cash Flow | -$22M | $3M | -$4M | -781.6% | -444.4% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $55M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $10M |
| Operating Expenses | $92M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$37M |
| Interest Income | $384.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | -$105.0K |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $7M |
| EBIT | -$42M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$6.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $41.0K |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$383.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$131.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $106.0K |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $289M |
| Net Receivables | $36M |
| Inventory | $28M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $471M |
| PP&E (Net) | $155M |
| Goodwill | $66M |
| Intangible Assets | $320M |
| Long-Term Investments | $9M |
| Tax Assets | -$9M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $560M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $281M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $399M |
| TOTAL LIABILITIES | $469M |
| Common Stock | $48.0K |
| Additional Paid-In Capital | $972M |
| Retained Earnings | -$405M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $562M |
| Minority Interest | $0 |
| TOTAL EQUITY | $562M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $383M |
| Net Debt | $280M |
