| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $50M | $61M | 3.9% | -14.9% |
| Op. Income | $33M | $32M | $45M | 1.8% | -26.9% |
| Gross Margin | 90.2% | 90.4% | 93.2% | -0.2pp | -3.0pp |
| Net Margin | 44.4% | 46.2% | 124.3% | -1.8pp | -79.8pp |
| EPS (Diluted) | $0.18 | $0.18 | $0.60 | 0.0% | -70.0% |
| Free Cash Flow | $21M | $32M | $13M | -32.3% | 61.4% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $47M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $33M |
| Interest Income | $22.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $226.0K |
| EBIT | $33M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $47M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $33M |
| Interest Income | $22.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $226.0K |
| EBIT | $33M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $226.0K |
| Stock-Based Compensation | $988.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $228.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$178.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$164.0K |
| NET CASH FROM INVESTING | -$178.0K |
| Net Debt Issuance | -$781.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24.0K |
| NET CASH FROM FINANCING | -$805.0K |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $259M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $67M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $367M |
| Account Payables | $421.0K |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $141M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $159M |
| Common Stock | $1M |
| Additional Paid-In Capital | $499M |
| Retained Earnings | -$236M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $207M |
| Minority Interest | $0 |
| TOTAL EQUITY | $207M |
| TOTAL LIABILITIES & EQUITY | $367M |
| Total Debt | $149M |
| Net Debt | -$18M |
