| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $33M | $21M | 105.5% | 220.5% |
| Op. Income | -$8M | -$20M | -$26M | 59.0% | 69.3% |
| Gross Margin | 87.0% | 92.7% | 96.6% | -5.7pp | -9.6pp |
| Net Margin | -11.8% | -73.9% | -100.0% | 62.1pp | 88.1pp |
| EPS (Diluted) | $-0.07 | $-0.22 | $-0.20 | 66.5% | 63.2% |
| Free Cash Flow | $34M | -$32M | $25M | 207.3% | 37.2% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $30M |
| SG&A Expenses | $41M |
| Other Expenses | $25M |
| Operating Expenses | $67M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$8M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$598.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$567.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $7M |
| EBIT | -$4M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$183.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$888.0K |
| NET CASH FROM FINANCING | -$888.0K |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $310M |
| Net Receivables | $25M |
| Inventory | $13.0K |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $546M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $704M |
| Long-Term Investments | $31M |
| Tax Assets | $19M |
| Other Non-Current Assets | $142.0K |
| TOTAL NON-CURRENT ASSETS | $775M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $57M |
| Short-Term Debt | $3M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $53.0K |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $224M |
| TOTAL LIABILITIES | $418M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $899M |
| Minority Interest | $4M |
| TOTAL EQUITY | $902M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $211M |
| Net Debt | $57M |
