| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | $304M | $384M | 15.6% | -8.6% |
| Op. Income | $6M | $4M | $31M | 42.2% | -82.3% |
| Gross Margin | 38.2% | 42.5% | 46.3% | -4.3pp | -8.1pp |
| Net Margin | -0.6% | -0.8% | 4.2% | 0.2pp | -4.8pp |
| EPS (Diluted) | $-0.07 | $-0.07 | $0.48 | 8.7% | -113.6% |
| Free Cash Flow | -$3M | -$129M | $62M | 97.7% | -104.8% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | -$39.0K |
| Operating Expenses | $129M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$926.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $10M |
| EBIT | $6M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $128.0K |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $87.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $87.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $569M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $675M |
| PP&E (Net) | $157M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $524M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $236M |
| Short-Term Debt | $20M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $364M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $447M |
| TOTAL LIABILITIES | $804M |
| Common Stock | $332.0K |
| Additional Paid-In Capital | $371M |
| Retained Earnings | $40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $395M |
| Minority Interest | $0 |
| TOTAL EQUITY | $395M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $417M |
| Net Debt | $391M |
