| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $117M | $136M | 29.9% | 11.7% |
| Op. Income | $34M | $76M | $93M | -55.0% | -63.4% |
| Gross Margin | 77.7% | 86.4% | 83.1% | -8.7pp | -5.4pp |
| Net Margin | 14.9% | 51.3% | 67.0% | -36.4pp | -52.1pp |
| EPS (Diluted) | $0.16 | $0.43 | $0.62 | -62.8% | -74.2% |
| Free Cash Flow | $39M | $47M | $36M | -17.0% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $118M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $11M |
| Operating Expenses | $84M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $118M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $11M |
| Operating Expenses | $84M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$968.0K |
| Acquisitions (Net) | -$999M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $565M |
| NET CASH FROM INVESTING | -$435M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $368M |
| NET CASH FROM FINANCING | $368M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $118M |
| Net Receivables | $189M |
| Inventory | $98M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $542M |
| PP&E (Net) | $37M |
| Goodwill | $199M |
| Intangible Assets | $976M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $12M |
| Short-Term Debt | $99M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $271M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $0 |
| TOTAL EQUITY | $293M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
