| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $159M | $130M | 3.1% | 26.2% |
| Op. Income | -$23M | -$18M | -$12M | -32.3% | -95.4% |
| Gross Margin | 78.1% | 78.1% | 79.7% | -0.0pp | -1.6pp |
| Net Margin | -16.7% | -15.4% | -8.9% | -1.4pp | -7.8pp |
| EPS (Diluted) | $-0.25 | $-0.22 | $-0.11 | -13.6% | -127.3% |
| Free Cash Flow | $26M | $28M | $15M | -8.1% | 71.8% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $128M |
| R&D Expenses | $36M |
| Selling & Marketing | $88M |
| General & Administrative | $27M |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$479.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $5M |
| EBIT | -$25M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$658.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$937.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $243M |
| Net Receivables | $109M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $710M |
| PP&E (Net) | $80M |
| Goodwill | $317M |
| Intangible Assets | $82M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $565M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $415M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $483M |
| Long-Term Debt | $363M |
| Deferred Revenue NC | $133M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $554M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $945M |
| Retained Earnings | -$707M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $238M |
| Minority Interest | $0 |
| TOTAL EQUITY | $238M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $421M |
| Net Debt | $153M |
