| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $80M | $72M | -4.4% | 6.4% |
| Op. Income | -$4M | $5M | $15M | -190.4% | -128.0% |
| Gross Margin | 63.4% | 64.9% | 66.2% | -1.5pp | -2.7pp |
| Net Margin | -17.8% | -5.3% | 14.7% | -12.5pp | -32.5pp |
| EPS (Diluted) | $-0.34 | $-0.11 | $0.26 | -209.1% | -230.8% |
| Free Cash Flow | -$16.0K | -$10M | -$7M | 99.8% | 99.8% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $49M |
| R&D Expenses | $12M |
| Selling & Marketing | $464.0K |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$4M |
| Interest Income | $40.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $6M |
| EBIT | -$8M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $939.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$663.0K |
| Common Stock Repurchased | -$52.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $967.0K |
| NET CASH FROM FINANCING | $252.0K |
| FREE CASH FLOW | -$16.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $73M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $238M |
| PP&E (Net) | $78M |
| Goodwill | $235M |
| Intangible Assets | $179M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $505M |
| TOTAL ASSETS | $743M |
| Account Payables | $11M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $307M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $442M |
| TOTAL LIABILITIES | $488M |
| Common Stock | $418.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | -$19M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $743M |
| Total Debt | $356M |
| Net Debt | $318M |
