| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $30M | $37M | 13.8% | -6.8% |
| Op. Income | $26M | $22M | $21M | 19.5% | 26.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 39.6% | 32.2% | 47.5% | 7.4pp | -7.9pp |
| EPS (Diluted) | $0.56 | $0.40 | $0.77 | 40.0% | -27.3% |
| Free Cash Flow | -$72M | $123M | $62M | -158.1% | -216.1% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$886.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $60.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$886.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $60.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $757.0K |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | -$72M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11.0K |
| Net Debt Issuance | $53M |
| Common Stock Repurchased | -$299.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$414.0K |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | -$206M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.0B |
| Account Payables | $0 |
| Short-Term Debt | $944.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$944.0K |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $512M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | -$532M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $632M |
| Common Stock | $480.0K |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $395M |
| Minority Interest | $0 |
| TOTAL EQUITY | $395M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $520M |
| Net Debt | $394M |
