| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $48M | $35M | 5.6% | 45.7% |
| Op. Income | -$24M | -$11M | -$6M | -123.5% | -277.3% |
| Gross Margin | 61.4% | 62.2% | 65.7% | -0.8pp | -4.3pp |
| Net Margin | -47.8% | -22.7% | -18.2% | -25.1pp | -29.6pp |
| EPS (Diluted) | $-0.48 | $-0.24 | $-0.17 | -100.0% | -182.4% |
| Free Cash Flow | -$10M | -$12M | -$7M | 20.1% | -46.6% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $31M |
| R&D Expenses | $11M |
| Selling & Marketing | $22M |
| General & Administrative | $16M |
| SG&A Expenses | $38M |
| Other Expenses | $5M |
| Operating Expenses | $55M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$24M |
| Interest Income | $19.0K |
| Interest Expense | $226.0K |
| Other Income/Expenses | -$297.0K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $288.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $6M |
| EBIT | -$24M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $154.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$815.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $922.0K |
| NET CASH FROM FINANCING | -$943.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $440M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $2M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $494M |
| PP&E (Net) | $29M |
| Goodwill | $8M |
| Intangible Assets | $15M |
| Long-Term Investments | $3M |
| Tax Assets | $379.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $551M |
| Account Payables | $5M |
| Short-Term Debt | $388.0K |
| Deferred Revenue | $13M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $509.0K |
| Additional Paid-In Capital | $840M |
| Retained Earnings | -$347M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $487M |
| Minority Interest | $0 |
| TOTAL EQUITY | $487M |
| TOTAL LIABILITIES & EQUITY | $551M |
| Total Debt | $10M |
| Net Debt | -$430M |
