| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $371M | $300M | $223M | 23.8% | 66.6% |
| Op. Income | $33M | $4M | $30M | 680.2% | 12.5% |
| Gross Margin | 55.1% | 51.8% | 60.7% | 3.3pp | -5.6pp |
| Net Margin | 16.8% | 6.1% | 8.1% | 10.7pp | 8.7pp |
| EPS (Diluted) | $0.20 | $0.06 | $0.06 | 218.1% | 244.1% |
| Free Cash Flow | -$91M | -$101M | $55M | 10.3% | -266.0% |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $116M |
| General & Administrative | $56M |
| SG&A Expenses | $171M |
| Other Expenses | $127.3K |
| Operating Expenses | $171M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$127.3K |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $14M |
| EBIT | $76M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $116M |
| General & Administrative | $56M |
| SG&A Expenses | $171M |
| Other Expenses | $127.3K |
| Operating Expenses | $171M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$127.3K |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $14M |
| EBIT | $76M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $763.7K |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$69M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $33.1K |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $710M |
| Short-Term Investments | $25M |
| Net Receivables | $202M |
| Inventory | $276M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $304M |
| Goodwill | $2M |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $397M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $300M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $555M |
| Common Stock | $43M |
| Additional Paid-In Capital | $963M |
| Retained Earnings | -$138M |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | $356M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $246M |
| Net Debt | -$463M |
