| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $166M | $144M | 20.5% | 39.4% |
| Op. Income | $18M | $13M | $16M | 37.3% | 16.0% |
| Gross Margin | 21.5% | 22.5% | 28.7% | -1.1pp | -7.2pp |
| Net Margin | 7.3% | 4.8% | 8.3% | 2.5pp | -1.0pp |
| EPS (Diluted) | $1.32 | $0.72 | $1.08 | 83.3% | 22.2% |
| Free Cash Flow | -$16M | -$27M | -$15M | 43.0% | -2.3% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $43M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $13M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $18M |
| Interest Income | $160.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $866.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $43M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $13M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $18M |
| Interest Income | $160.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $866.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$54.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $521.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $25M |
| Net Receivables | $135M |
| Inventory | $187M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $109M |
| Goodwill | $68M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $226M |
| TOTAL ASSETS | $677M |
| Account Payables | $74M |
| Short-Term Debt | $220.0K |
| Deferred Revenue | $39M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $783.0K |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $159M |
| TOTAL LIABILITIES | $320M |
| Common Stock | $19M |
| Additional Paid-In Capital | $91M |
| Retained Earnings | $543M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $357M |
| Minority Interest | $0 |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $677M |
| Total Debt | $136M |
| Net Debt | $67M |
