| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326M | $251M | $371M | 30.3% | -12.1% |
| Op. Income | $65M | $91M | $143M | -28.3% | -54.4% |
| Gross Margin | 43.8% | 38.3% | 45.1% | 5.5pp | -1.3pp |
| Net Margin | 20.6% | 41.1% | 32.4% | -20.5pp | -11.8pp |
| EPS (Diluted) | $0.05 | $0.08 | $0.09 | -32.7% | -40.7% |
| Free Cash Flow | $211M | $45M | $95M | 368.7% | 122.4% |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $143M |
| R&D Expenses | $17M |
| Selling & Marketing | $18M |
| General & Administrative | $42M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $65M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $2M |
| EBIT | $65M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $143M |
| R&D Expenses | $17M |
| Selling & Marketing | $18M |
| General & Administrative | $42M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $65M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $2M |
| EBIT | $65M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $211M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$606M |
| NET CASH FROM INVESTING | -$606M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $211M |
| Net Change in Cash | -$391M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $210M |
| Net Receivables | $628.8K |
| Inventory | $3M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $178.5K |
| Long-Term Investments | $120M |
| Tax Assets | $455.2K |
| Other Non-Current Assets | $485.1K |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $382M |
| Account Payables | $30M |
| Short-Term Debt | $3M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98.5K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $320M |
| TOTAL STOCKHOLDERS' EQUITY | $320M |
| Minority Interest | -$740.5K |
| TOTAL EQUITY | $319M |
| TOTAL LIABILITIES & EQUITY | $382M |
| Total Debt | $5M |
| Net Debt | -$32M |
