| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $354M | $259M | 10.0% | 50.1% |
| Op. Income | -$96M | -$110M | -$165M | 12.7% | 42.1% |
| Gross Margin | 90.5% | 89.7% | 89.0% | 0.8pp | 1.5pp |
| Net Margin | -24.6% | -31.2% | -63.7% | 6.6pp | 39.1pp |
| EPS (Diluted) | $-0.12 | $-0.14 | $-0.48 | 14.3% | 75.0% |
| Free Cash Flow | -$970M | -$1.0B | -$277M | 6.4% | -250.6% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $352M |
| R&D Expenses | $0 |
| Selling & Marketing | $144M |
| General & Administrative | $126M |
| SG&A Expenses | $270M |
| Other Expenses | $178M |
| Operating Expenses | $448M |
| Cost & Expenses | $485M |
| OPERATING INCOME | -$96M |
| Interest Income | $150M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | $119.0K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$106M |
| D&A | $38M |
| EBIT | -$96M |
| EBITDA | -$58M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$989M |
| OPERATING CASH FLOW | -$945M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$51M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | $297M |
| FREE CASH FLOW | -$970M |
| Net Change in Cash | -$703M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $707M |
| Short-Term Investments | $49M |
| Net Receivables | $566.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $757M |
| PP&E (Net) | $257M |
| Goodwill | $1.6B |
| Intangible Assets | $658M |
| Long-Term Investments | $8.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $723M |
| TOTAL NON-CURRENT ASSETS | $11.9B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $542M |
| Short-Term Debt | $486M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$542M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $3.9B |
| Net Debt | $3.2B |
