| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $65M | $55M | 17.3% | 37.1% |
| Op. Income | -$68M | -$90M | -$46M | 24.1% | -46.5% |
| Gross Margin | 50.6% | 39.5% | 50.6% | 11.1pp | -0.0pp |
| Net Margin | -87.3% | -138.8% | -29.9% | 51.5pp | -57.4pp |
| EPS (Diluted) | $-2.94 | $-4.01 | $-0.81 | 26.7% | -263.0% |
| Free Cash Flow | -$75M | -$76M | -$70M | 1.3% | -6.8% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $38M |
| R&D Expenses | $53M |
| Selling & Marketing | $16M |
| General & Administrative | $34M |
| SG&A Expenses | $50M |
| Other Expenses | $3M |
| Operating Expenses | $106M |
| Cost & Expenses | $144M |
| OPERATING INCOME | -$68M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $705.0K |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $9M |
| EBIT | -$68M |
| EBITDA | -$59M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | -$73M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | -$69M |
