| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $689M | $614M | — | 12.1% | — |
| Op. Income | $23M | $56M | — | -59.2% | — |
| Gross Margin | 84.0% | 84.3% | — | -0.3pp | — |
| Net Margin | -3.2% | -67.0% | — | 63.7pp | — |
| EPS (Diluted) | $-0.09 | $-1.63 | — | 94.5% | — |
| Free Cash Flow | $191M | $58M | — | 228.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $689M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $578M |
| R&D Expenses | $319M |
| Selling & Marketing | $121M |
| General & Administrative | $116M |
| SG&A Expenses | $237M |
| Other Expenses | $0 |
| Operating Expenses | $555M |
| Cost & Expenses | $665M |
| OPERATING INCOME | $23M |
| Interest Income | $74.0K |
| Interest Expense | $21M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $12M |
| EBIT | $773.0K |
| EBITDA | $13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $176M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $203M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$884M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $109M |
| NET CASH FROM FINANCING | -$775M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | -$608M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $899M |
| Short-Term Investments | $87M |
| Net Receivables | $253M |
| Inventory | $0 |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $347M |
| Goodwill | $725M |
| Intangible Assets | $109M |
| Long-Term Investments | $163M |
| Tax Assets | $29M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $923M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $999M |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $25M |
| Additional Paid-In Capital | $461M |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.9B |
| Other Equity | $55M |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.3B |
| Net Debt | $427M |
