| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $163M | $147M | 1.9% | 13.3% |
| Op. Income | -$24M | -$20M | -$20M | -20.2% | -19.8% |
| Gross Margin | 40.5% | 42.6% | 41.8% | -2.2pp | -1.3pp |
| Net Margin | -14.6% | -12.8% | -13.7% | -1.8pp | -0.9pp |
| EPS (Diluted) | $-0.36 | $-0.32 | $-0.31 | -12.5% | -16.1% |
| Free Cash Flow | -$27M | -$20M | -$2M | -34.1% | -1259.6% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $67M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $190M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$429.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$99.0K |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $9M |
| EBIT | -$24M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$155M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $169.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $256M |
| Short-Term Investments | $182M |
| Net Receivables | $132M |
| Inventory | $154M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $782M |
| PP&E (Net) | $205M |
| Goodwill | $65M |
| Intangible Assets | $134M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $448M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $50M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $186.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $924M |
| Minority Interest | $0 |
| TOTAL EQUITY | $924M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $12M |
| Net Debt | -$244M |
