| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $12.9K | — | 79809.1% |
| Op. Income | -$20M | — | -$37M | — | 44.4% |
| Gross Margin | 138.1% | — | 29581.8% | — | -29443.7pp |
| Net Margin | -118.3% | — | 82345.5% | — | -82463.8pp |
| EPS (Diluted) | $-0.25 | — | $0.22 | — | -210.5% |
| Free Cash Flow | -$57M | — | -$34M | — | -69.3% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | -$4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $20M |
| Selling & Marketing | $537.8K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$20M |
| Interest Income | $19.9K |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $173.0K |
| Deferred Income Tax | -$50M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $292.3K |
| Purchases of Investments | -$525.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$232.7K |
| NET CASH FROM INVESTING | -$232.7K |
| Net Debt Issuance | -$362.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4.7K |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $174.2K |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $857.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $277M |
| Account Payables | $12M |
| Short-Term Debt | $1M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $228.0K |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $756.5K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $108M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $15M |
| Additional Paid-In Capital | $520M |
| Retained Earnings | -$407M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $211.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $277M |
| Total Debt | $87M |
| Net Debt | -$157M |
