| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $137M | $111M | 8.2% | 33.6% |
| Op. Income | -$2M | -$6M | -$18M | 65.3% | 88.0% |
| Gross Margin | 82.3% | 81.3% | 74.3% | 1.0pp | 8.0pp |
| Net Margin | 3.0% | 14.8% | -11.2% | -11.8pp | 14.2pp |
| EPS (Diluted) | $0.01 | $0.06 | $-0.03 | -81.9% | 128.7% |
| Free Cash Flow | $20M | -$4M | $29M | 587.6% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $122M |
| R&D Expenses | $27M |
| Selling & Marketing | $37M |
| General & Administrative | $20M |
| SG&A Expenses | $57M |
| Other Expenses | $41M |
| Operating Expenses | $124M |
| Cost & Expenses | $150M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $338.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$457.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $472.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $511M |
| NET CASH FROM FINANCING | $518M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $480M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $492M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $5.1B |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $32M |
| Goodwill | $19M |
| Intangible Assets | $40M |
| Long-Term Investments | $7M |
| Tax Assets | $4M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $5.8B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5.1B |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $612M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$605.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $543M |
| Minority Interest | $0 |
| TOTAL EQUITY | $543M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $23M |
| Net Debt | -$469M |
