| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $116M | $103M | -17.3% | -6.2% |
| Op. Income | -$292.0K | $4M | $4M | -107.3% | -106.6% |
| Gross Margin | 36.2% | 36.7% | 38.6% | -0.5pp | -2.4pp |
| Net Margin | -1.1% | 0.2% | -0.4% | -1.2pp | -0.7pp |
| EPS (Diluted) | $-0.01 | $0.00 | $-0.00 | -694.7% | -169.0% |
| Free Cash Flow | -$23M | $32M | $16M | -171.8% | -245.9% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $35M |
| R&D Expenses | $14M |
| Selling & Marketing | $11M |
| General & Administrative | $10M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$292.0K |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$347.0K |
| INCOME BEFORE TAX | -$639.0K |
| Income Tax Expense | $407.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $138M |
| Other Current Assets | $556.0K |
| TOTAL CURRENT ASSETS | $347M |
| PP&E (Net) | $30M |
| Goodwill | $58M |
| Intangible Assets | $286.0K |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $469M |
| Account Payables | $32M |
| Short-Term Debt | $8M |
| Deferred Revenue | $101M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $173M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $418M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | -$489M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $469M |
| Total Debt | $202M |
| Net Debt | $104M |
