Reported December 31, 2021
| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $108M | $34M | 25.1% | 299.8% |
| Op. Income | $75M | $23M | $11M | 224.9% | 585.1% |
| Gross Margin | 59.0% | 24.7% | 41.4% | 34.3pp | 17.6pp |
| Net Margin | 44.5% | 20.1% | -14.0% | 24.5pp | 58.5pp |
| EPS (Diluted) | $0.59 | $0.21 | $-0.08 | 178.1% | 868.4% |
| Free Cash Flow | -$3M | $41M | -$3M | -107.1% | -0.7% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $439.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $75M |
| Interest Income | $733.0K |
| Interest Expense | $855.4K |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $4M |
| EBIT | $71M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $439.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $75M |
| Interest Income | $733.0K |
| Interest Expense | $855.4K |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $4M |
| EBIT | $71M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $132.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | -$365.9K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$798.4K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $108M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $3M |
| Tax Assets | $6M |
| Other Non-Current Assets | $325M |
| TOTAL NON-CURRENT ASSETS | $372M |
| TOTAL ASSETS | $731M |
| Account Payables | $40M |
| Short-Term Debt | $54M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $119M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $320M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $82M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $102M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $494M |
| Minority Interest | $0 |
| TOTAL EQUITY | $494M |
| TOTAL LIABILITIES & EQUITY | $731M |
| Total Debt | $159M |
| Net Debt | -$23M |