| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $89M | $86M | 4.6% | 8.6% |
| Op. Income | -$938.0K | -$56.0K | $4M | -1575.0% | -126.8% |
| Gross Margin | 41.2% | 41.8% | 45.1% | -0.6pp | -3.9pp |
| Net Margin | -9.9% | -4.7% | -5.4% | -5.3pp | -4.6pp |
| EPS (Diluted) | $-3.20 | $-1.40 | $-2.20 | -128.6% | -45.5% |
| Free Cash Flow | -$10M | -$8M | -$11M | -20.3% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $38M |
| R&D Expenses | $12M |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $27M |
| Other Expenses | $8.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$938.0K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $411.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$6M |
| EBITDA | -$4M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $68.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $52M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $150M |
| PP&E (Net) | $20M |
| Goodwill | $10M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $198M |
| Account Payables | $37M |
| Short-Term Debt | $3M |
| Deferred Revenue | $78M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $593.0K |
| Additional Paid-In Capital | $637M |
| Retained Earnings | -$752M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$116M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$116M |
| TOTAL LIABILITIES & EQUITY | $198M |
| Total Debt | $111M |
| Net Debt | $89M |
