| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $156M | $146M | 4.8% | 12.1% |
| Op. Income | $13M | $17M | $13M | -22.4% | -3.2% |
| Gross Margin | 39.2% | 42.2% | 41.1% | -3.0pp | -1.9pp |
| Net Margin | 5.9% | 8.5% | 4.3% | -2.6pp | 1.5pp |
| EPS (Diluted) | $0.18 | $0.24 | $0.12 | -25.0% | 50.0% |
| Free Cash Flow | -$1M | $14M | $3M | -108.1% | -136.0% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $64M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $2M |
| Operating Expenses | $51M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $13M |
| Interest Income | $213.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $533.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $64M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $2M |
| Operating Expenses | $51M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $13M |
| Interest Income | $213.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $533.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2.0K |
| Other Non-Cash Items | $239.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$328.0K |
| NET CASH FROM FINANCING | $803.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $113M |
| Net Receivables | $144M |
| Inventory | $176M |
| Other Current Assets | $727.0K |
| TOTAL CURRENT ASSETS | $569M |
| PP&E (Net) | $131M |
| Goodwill | $182M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $347M |
| TOTAL ASSETS | $917M |
| Account Payables | $47M |
| Short-Term Debt | $20M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $496M |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$646M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $389.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $0 |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $917M |
| Total Debt | $310M |
| Net Debt | $193M |
