| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $400M | $664M | $333M | -39.8% | 20.1% |
| Op. Income | $10M | $133M | $12M | -92.4% | -19.0% |
| Gross Margin | 44.8% | 47.8% | 49.8% | -3.0pp | -5.0pp |
| Net Margin | 2.1% | 18.6% | 5.2% | -16.4pp | -3.0pp |
| EPS (Diluted) | $0.06 | $0.87 | $0.12 | -93.0% | -48.9% |
| Free Cash Flow | -$107M | $174M | -$47M | -161.6% | -126.6% |
| Item | Amount |
|---|---|
| REVENUE | $400M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $179M |
| R&D Expenses | $65M |
| Selling & Marketing | $60M |
| General & Administrative | $44M |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $169M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $10M |
| Interest Income | $123.0K |
| Interest Expense | $90.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$772.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $10M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $400M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $179M |
| R&D Expenses | $65M |
| Selling & Marketing | $60M |
| General & Administrative | $44M |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $169M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $10M |
| Interest Income | $123.0K |
| Interest Expense | $90.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$772.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $10M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$143.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$142M |
| OPERATING CASH FLOW | -$98M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | -$107M |
| Net Change in Cash | -$148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $607M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $264M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $103M |
| Goodwill | $38M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $271M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $464M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $879.0K |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $555M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $648M |
| Retained Earnings | $62M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672M |
| Minority Interest | $0 |
| TOTAL EQUITY | $672M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $39M |
| Net Debt | -$567M |
