| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $213M | $265M | $298M | -19.5% | -28.5% |
| Op. Income | -$7M | $59M | $102M | -111.2% | -106.4% |
| Gross Margin | -6.5% | 20.8% | 31.4% | -27.3pp | -37.9pp |
| Net Margin | -1.1% | 18.1% | 27.4% | -19.1pp | -28.5pp |
| EPS (Diluted) | $-0.02 | $0.53 | $0.90 | -104.7% | -102.8% |
| Free Cash Flow | $131M | $37M | $102M | 252.2% | 28.1% |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $227M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$10M |
| Operating Expenses | -$7M |
| Cost & Expenses | $220M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $132M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$189M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $2.3B |
| Net Receivables | $858M |
| Inventory | $0 |
| Other Current Assets | -$3.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $51M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $4.4B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$107M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$202M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $683.0K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$402M |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $200M |
| Net Debt | $87M |
