| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $29M | $60M | -47.8% | -74.4% |
| Op. Income | -$4M | -$10M | $48M | 55.8% | -109.0% |
| Gross Margin | 61.0% | 84.1% | 84.3% | -23.0pp | -23.2pp |
| Net Margin | -58.1% | -70.8% | 65.5% | 12.6pp | -123.7pp |
| EPS (Diluted) | $-0.04 | $-0.08 | $0.15 | 56.4% | -123.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $9M |
| R&D Expenses | $3M |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $13M |
| Other Expenses | -$2M |
| Operating Expenses | $14M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$4M |
| Interest Income | $678.9K |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $741M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $427M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $183M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $54M |
| Tax Assets | $5M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $306M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $216M |
| Common Stock | $25.7K |
| Additional Paid-In Capital | $588M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $107M |
| Net Debt | -$346M |
