| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $211M | — | -5.9% | — |
| Op. Income | -$71M | -$87M | — | 18.5% | — |
| Gross Margin | 21.1% | 30.3% | — | -9.2pp | — |
| Net Margin | -0.1% | -24.8% | — | 24.7pp | — |
| EPS (Diluted) | $-0.01 | $-1.01 | — | 99.5% | — |
| Free Cash Flow | -$31M | -$138M | — | 77.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $42M |
| R&D Expenses | $659.1K |
| Selling & Marketing | $21M |
| General & Administrative | $43M |
| SG&A Expenses | $63M |
| Other Expenses | $49M |
| Operating Expenses | $113M |
| Cost & Expenses | $270M |
| OPERATING INCOME | -$71M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $161.2K |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$257.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$257.2K |
| D&A | $48M |
| EBIT | $13M |
| EBITDA | $61M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$257.2K |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$74M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $679.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $425M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $298M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $906M |
| PP&E (Net) | $791M |
| Goodwill | $3.6B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $221M |
| Tax Assets | $0 |
| Other Non-Current Assets | $209.9K |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $83M |
| Short-Term Debt | $56M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $221M |
| TOTAL CURRENT LIABILITIES | $403M |
| Long-Term Debt | $904M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $281M |
| Other Non-Current Liabilities | $409.5K |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $58.9K |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | -$676M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $47M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $1.0B |
| Net Debt | $599M |
