| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $311M | $195M | -25.9% | 17.9% |
| Op. Income | -$30M | $33M | $36M | -191.2% | -182.2% |
| Gross Margin | 99.0% | 99.7% | 99.2% | -0.7pp | -0.2pp |
| Net Margin | -13.0% | 10.5% | 19.1% | -23.5pp | -32.0pp |
| EPS (Diluted) | $-0.36 | $0.34 | $0.39 | -205.9% | -192.3% |
| Free Cash Flow | -$61M | -$272M | $91M | 77.7% | -166.7% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $105M |
| General & Administrative | $98M |
| SG&A Expenses | $203M |
| Other Expenses | $55M |
| Operating Expenses | $258M |
| Cost & Expenses | $260M |
| OPERATING INCOME | -$30M |
| Interest Income | $29M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $3M |
| EBIT | -$30M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$121M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $801M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $874M |
| PP&E (Net) | $126M |
| Goodwill | $67M |
| Intangible Assets | $18M |
| Long-Term Investments | $665M |
| Tax Assets | $0 |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $22M |
| Short-Term Debt | $208M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $648M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $875M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $688M |
| Retained Earnings | $69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $757M |
| Minority Interest | $0 |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $956M |
| Net Debt | $156M |
