| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $6M | — | 20.5% |
| Op. Income | -$101M | — | -$68M | — | -48.6% |
| Gross Margin | -501.6% | — | -314.1% | — | -187.5pp |
| Net Margin | -403.2% | — | -1291.9% | — | 888.7pp |
| EPS (Diluted) | $-0.50 | — | $-1.30 | — | 61.5% |
| Free Cash Flow | -$89M | — | -$68M | — | -30.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $42M |
| GROSS PROFIT | -$35M |
| R&D Expenses | $85M |
| Selling & Marketing | $8M |
| General & Administrative | $12M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $108M |
| OPERATING INCOME | -$101M |
| Interest Income | $666.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$15M |
| NET INCOME | -$28M |
| Net Income Deductions | -$14M |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $4M |
| EBIT | -$39M |
| EBITDA | -$34M |
| EPS | -$0 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$87M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$479.0K |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $203.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $2M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $968.0K |
| Long-Term Investments | $396M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $441M |
| TOTAL ASSETS | $823M |
| Account Payables | $15M |
| Short-Term Debt | $5M |
| Deferred Revenue | $19.0K |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $247M |
| Common Stock | $5M |
| Additional Paid-In Capital | $289M |
| Retained Earnings | $172M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $120M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $582M |
| Minority Interest | -$6M |
| TOTAL EQUITY | $576M |
| TOTAL LIABILITIES & EQUITY | $823M |
| Total Debt | $48M |
| Net Debt | -$318M |
