| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $219M | $227M | — | -3.3% | — |
| Op. Income | $3M | $22M | — | -84.6% | — |
| Gross Margin | 14.7% | 23.7% | — | -8.9pp | — |
| Net Margin | -1.8% | 1.6% | — | -3.4pp | — |
| EPS (Diluted) | $-0.07 | $0.06 | — | -214.6% | — |
| Free Cash Flow | -$69M | -$31M | — | -119.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $21M |
| Operating Expenses | $29M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $3M |
| Interest Income | $532.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$921.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $17M |
| EBIT | $2M |
| EBITDA | $19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$921.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $510.0K |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $882.0K |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | $66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31.0K |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $77M |
| Net Receivables | $38M |
| Inventory | $6M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $363M |
| PP&E (Net) | $784M |
| Goodwill | $222M |
| Intangible Assets | $87M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $58M |
| Short-Term Debt | $44M |
| Deferred Revenue | $124M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $331M |
| Long-Term Debt | $320M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $118M |
| TOTAL NON-CURRENT LIABILITIES | $679M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $581.0K |
| Additional Paid-In Capital | $491M |
| Retained Earnings | $4M |
| Treasury Stock | -$52.0K |
| Accum. Other Comp. Income | -$220.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | $0 |
| TOTAL EQUITY | $496M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $645M |
| Net Debt | $432M |
