| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $159M | $150M | 3.3% | 9.0% |
| Op. Income | -$87M | -$41M | -$6M | -111.0% | -1376.0% |
| Gross Margin | 14.6% | -12.4% | 7.7% | 27.0pp | 6.9pp |
| Net Margin | -53.7% | -19.4% | -2.6% | -34.3pp | -51.0pp |
| EPS (Diluted) | $-3.32 | $-1.15 | $-0.14 | -188.7% | -2271.4% |
| Free Cash Flow | -$13M | -$39M | $63M | 67.3% | -120.3% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $94M |
| Operating Expenses | $111M |
| Cost & Expenses | $251M |
| OPERATING INCOME | -$87M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | $563.0K |
| Net Income from Continuing Ops | -$88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$88M |
| D&A | $2M |
| EBIT | -$86M |
| EBITDA | -$83M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$88M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $503.0K |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $93M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$97.0K |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$954.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $31.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291M |
| Short-Term Investments | $635M |
| Net Receivables | $384M |
| Inventory | $0 |
| Other Current Assets | -$1.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $53M |
| Long-Term Investments | $637M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$735M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.0B |
| Account Payables | $384M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$486M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $41M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$109M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | $17M |
| Treasury Stock | -$129M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $153M |
| Net Debt | -$138M |
