| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $68M | $65M | 6.0% | 10.2% |
| Op. Income | $16M | $13M | $10M | 19.2% | 52.1% |
| Gross Margin | 79.5% | 80.2% | 79.8% | -0.7pp | -0.3pp |
| Net Margin | 16.8% | 15.3% | 114.6% | 1.5pp | -97.8pp |
| EPS (Diluted) | $0.16 | $0.13 | $0.94 | 23.1% | -83.0% |
| Free Cash Flow | $11M | $7M | $21M | 55.3% | -48.2% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $57M |
| R&D Expenses | $14M |
| Selling & Marketing | $22M |
| General & Administrative | $6M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $16M |
| Interest Income | $432.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$439.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $57M |
| R&D Expenses | $14M |
| Selling & Marketing | $22M |
| General & Administrative | $6M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $16M |
| Interest Income | $432.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$439.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$64.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $96M |
| Net Receivables | $74M |
| Inventory | $21M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $238M |
| PP&E (Net) | $18M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $353M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $75M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $461M |
| Retained Earnings | -$164M |
| Treasury Stock | -$135M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | $0 |
| TOTAL EQUITY | $161M |
| TOTAL LIABILITIES & EQUITY | $353M |
| Total Debt | $5M |
| Net Debt | -$27M |
