| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $158M | — | 3.1% | — |
| Op. Income | -$151M | -$10M | — | -1404.4% | — |
| Gross Margin | 35.7% | 41.7% | — | -6.0pp | — |
| Net Margin | -107.3% | -11.5% | — | -95.8pp | — |
| EPS (Diluted) | $-6.34 | $-0.56 | — | -1032.1% | — |
| Free Cash Flow | -$23M | -$4M | — | -429.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $58M |
| R&D Expenses | $65M |
| Selling & Marketing | $51M |
| General & Administrative | $111M |
| SG&A Expenses | $162M |
| Other Expenses | -$18M |
| Operating Expenses | $209M |
| Cost & Expenses | $314M |
| OPERATING INCOME | -$151M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$144M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | -$164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$181M |
| D&A | $671.0K |
| EBIT | -$169M |
| EBITDA | -$168M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$175M |
| Depreciation & Amortization | $671.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $149M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$144.0K |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$56M |
| NET CASH FROM FINANCING | $305M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $425M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $4M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $472M |
| PP&E (Net) | $67M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $402M |
| Tax Assets | $27M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $532M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $3M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $96M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $250M |
| Common Stock | $0 |
| Additional Paid-In Capital | $858M |
| Retained Earnings | -$276M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $581M |
| Minority Interest | $172M |
| TOTAL EQUITY | $753M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $163M |
| Net Debt | -$252M |
