| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $10M | 0.2% | 26.5% |
| Op. Income | -$7M | -$9M | -$7M | 20.1% | 1.4% |
| Gross Margin | 65.6% | 71.4% | 88.5% | -5.8pp | -22.9pp |
| Net Margin | -300.0% | -109.4% | 66.2% | -190.6pp | -366.2pp |
| EPS (Diluted) | $-1.48 | $-0.54 | $0.29 | -174.3% | -620.5% |
| Free Cash Flow | -$6M | -$10M | -$7M | 37.1% | 11.7% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $15M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | -$61.4K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $2M |
| EBIT | -$37M |
| EBITDA | -$35M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$47.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $677.4K |
| Common Stock Repurchased | -$697.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $54.1K |
| NET CASH FROM FINANCING | $33.6K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | -$11M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $3M |
| Goodwill | $51M |
| Intangible Assets | $37M |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $653.3K |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $235M |
| Account Payables | $0 |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $286M |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $903.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $0 |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $235M |
| Total Debt | $66M |
| Net Debt | $34M |
