| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $32M | — | -4.9% | — |
| Op. Income | -$24M | -$18M | — | -32.8% | — |
| Gross Margin | 34.8% | 40.2% | — | -5.3pp | — |
| Net Margin | -67.0% | -91.5% | — | 24.6pp | — |
| EPS (Diluted) | $-0.43 | $-0.62 | — | 30.6% | — |
| Free Cash Flow | -$15M | $1M | — | -1321.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $11M |
| R&D Expenses | $12M |
| Selling & Marketing | $11M |
| General & Administrative | $12M |
| SG&A Expenses | $22M |
| Other Expenses | -$84.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $170.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $11M |
| EBIT | -$18M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $92.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$148.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $145M |
| Goodwill | $88M |
| Intangible Assets | $16M |
| Long-Term Investments | $8M |
| Tax Assets | -$463.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $263M |
| TOTAL ASSETS | $365M |
| Account Payables | $3M |
| Short-Term Debt | $169M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $266M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $294M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $758M |
| Retained Earnings | -$690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $0 |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $365M |
| Total Debt | $169M |
| Net Debt | $93M |
