| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $134M | $124M | 4.7% | 13.5% |
| Op. Income | -$24M | -$21M | -$20M | -11.1% | -19.3% |
| Gross Margin | 44.8% | 45.1% | 44.8% | -0.2pp | 0.0pp |
| Net Margin | -18.0% | -17.6% | -24.4% | -0.4pp | 6.4pp |
| EPS (Diluted) | $-0.44 | $-0.41 | $-0.53 | -7.3% | 17.0% |
| Free Cash Flow | -$16M | -$13M | $2M | -24.4% | -1007.9% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $63M |
| R&D Expenses | $32M |
| Selling & Marketing | $26M |
| General & Administrative | $23M |
| SG&A Expenses | $50M |
| Other Expenses | $5M |
| Operating Expenses | $87M |
| Cost & Expenses | $164M |
| OPERATING INCOME | -$24M |
| Interest Income | $564.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $340.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $15M |
| EBIT | -$23M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$18.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $188M |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $111M |
| Goodwill | $513M |
| Intangible Assets | $151M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $847M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $13M |
| Short-Term Debt | $11M |
| Deferred Revenue | $96M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $656M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $742M |
| TOTAL LIABILITIES | $903M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $944M |
| Retained Earnings | -$500M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $441M |
| Minority Interest | $0 |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $733M |
| Net Debt | $522M |
