| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $64M | $51M | 6.2% | 33.2% |
| Op. Income | -$28M | -$21M | -$13M | -34.0% | -111.6% |
| Gross Margin | 82.3% | 83.6% | 86.9% | -1.3pp | -4.6pp |
| Net Margin | -43.9% | -35.5% | -29.0% | -8.4pp | -15.0pp |
| EPS (Diluted) | $-0.35 | $-0.27 | $-0.19 | -29.6% | -84.2% |
| Free Cash Flow | -$13M | -$350.0K | $1M | -3578.3% | -1048.7% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $56M |
| R&D Expenses | $23M |
| Selling & Marketing | $41M |
| General & Administrative | $20M |
| SG&A Expenses | $61M |
| Other Expenses | -$586.0K |
| Operating Expenses | $84M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$28M |
| Interest Income | $783.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $23.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $7M |
| EBIT | -$29M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $915.0K |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$915.0K |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $355M |
| Short-Term Investments | $192M |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $624M |
| PP&E (Net) | $37M |
| Goodwill | $72M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $779M |
| Account Payables | $7M |
| Short-Term Debt | $5M |
| Deferred Revenue | $128M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $314M |
| TOTAL LIABILITIES | $493M |
| Common Stock | $0 |
| Additional Paid-In Capital | $579M |
| Retained Earnings | -$294M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $285M |
| Minority Interest | $0 |
| TOTAL EQUITY | $285M |
| TOTAL LIABILITIES & EQUITY | $779M |
| Total Debt | $309M |
| Net Debt | -$45M |
