| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $184M | $176M | 2.7% | 7.4% |
| Op. Income | $15M | $13M | $19M | 18.7% | -20.1% |
| Gross Margin | 48.5% | 45.2% | 47.0% | 3.3pp | 1.5pp |
| Net Margin | -2.0% | -1.4% | -0.1% | -0.6pp | -1.9pp |
| EPS (Diluted) | $-0.05 | $-0.03 | $-0.00 | -42.8% | -2185.0% |
| Free Cash Flow | $14M | $13M | $23M | 13.9% | -38.0% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $92M |
| R&D Expenses | $38M |
| Selling & Marketing | $15M |
| General & Administrative | $23M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $15M |
| Interest Income | $533.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $33M |
| EBIT | -$531.0K |
| EBITDA | $33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $620.0K |
| Change in Working Capital | -$928.0K |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $200.0K |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $754M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $861M |
| PP&E (Net) | $111M |
| Goodwill | $1.4B |
| Intangible Assets | $770M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $5M |
| Short-Term Debt | $78M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $895M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $115M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $214M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.1B |
| Net Debt | $303M |
