| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $30M | — | -27.1% | — |
| Op. Income | -$10M | -$3M | — | -209.3% | — |
| Gross Margin | 41.4% | 60.8% | — | -19.4pp | — |
| Net Margin | -47.6% | -11.2% | — | -36.4pp | — |
| EPS (Diluted) | $-0.09 | $-0.03 | — | -200.0% | — |
| Free Cash Flow | -$118M | -$189M | — | 37.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $15M |
| Operating Expenses | $19M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$10M |
| Interest Income | $69M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $56.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$132M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | -$118M |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24.0K |
| Net Debt Issuance | $175M |
| Common Stock Repurchased | -$894.0K |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | $174M |
| FREE CASH FLOW | -$118M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $85M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
