| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $37M | $22M | 13.5% | 95.6% |
| Op. Income | -$27M | -$28M | -$10M | 4.6% | -170.2% |
| Gross Margin | 2.3% | -12.7% | 1.3% | 15.0pp | 1.0pp |
| Net Margin | -60.3% | -62.6% | -46.4% | 2.3pp | -14.0pp |
| EPS (Diluted) | $-0.13 | $-0.12 | $-0.05 | -8.3% | -150.5% |
| Free Cash Flow | -$8M | -$29M | -$11M | 72.0% | 26.3% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $988.0K |
| R&D Expenses | $8M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$27M |
| Interest Income | $253.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $415.0K |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $1M |
| EBIT | -$27M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $59M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $389M |
| PP&E (Net) | $7M |
| Goodwill | $118M |
| Intangible Assets | $33M |
| Long-Term Investments | $495.0K |
| Tax Assets | -$495.0K |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $576M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $65M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $609M |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$581.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $405M |
| Minority Interest | $0 |
| TOTAL EQUITY | $405M |
| TOTAL LIABILITIES & EQUITY | $576M |
| Total Debt | $0 |
| Net Debt | -$255M |
