| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $91M | $92M | 12.9% | 10.8% |
| Op. Income | -$17M | -$16M | $8M | -9.1% | -310.8% |
| Gross Margin | 73.1% | 73.2% | 80.1% | -0.1pp | -7.0pp |
| Net Margin | -16.3% | -16.8% | 3.3% | 0.5pp | -19.6pp |
| EPS (Diluted) | $-0.18 | $-0.17 | $0.03 | -5.9% | -642.2% |
| Free Cash Flow | -$14M | -$13M | $5M | -4.5% | -399.4% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $75M |
| R&D Expenses | $23M |
| Selling & Marketing | $58M |
| General & Administrative | $10M |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$17M |
| Interest Income | $212.0K |
| Interest Expense | $632.0K |
| Other Income/Expenses | -$639.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$903.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $6M |
| EBIT | -$17M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $236.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | -$927.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $581M |
| PP&E (Net) | $44M |
| Goodwill | $289M |
| Intangible Assets | $83M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $474M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $170M |
| Other Current Liabilities | $430M |
| TOTAL CURRENT LIABILITIES | $607M |
| Long-Term Debt | $415M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $22.0K |
| Other Non-Current Liabilities | -$384M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $657M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $447M |
| TOTAL STOCKHOLDERS' EQUITY | $398M |
| Minority Interest | $0 |
| TOTAL EQUITY | $398M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $415M |
| Net Debt | $8M |
