| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $85M | $70M | -1.5% | 18.1% |
| Op. Income | -$11M | -$14M | -$9M | 21.5% | -20.1% |
| Gross Margin | 74.1% | 75.1% | 74.1% | -1.0pp | 0.0pp |
| Net Margin | -14.7% | -17.6% | 137.8% | 2.8pp | -152.6pp |
| EPS (Diluted) | $-0.27 | $-0.32 | $2.11 | 15.6% | -112.8% |
| Free Cash Flow | -$7M | $45.0K | -$2M | -15497.8% | -299.1% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $62M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$11M |
| Interest Income | $370.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $46.0K |
| 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 | $3M |
| EBIT | -$11M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$696.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$225.0K |
| Common Stock Repurchased | -$563.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $383.0K |
| NET CASH FROM FINANCING | -$405.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $74M |
| Net Receivables | $41M |
| Inventory | $44M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $43M |
| Goodwill | $235M |
| Intangible Assets | $40M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $829.0K |
| TOTAL NON-CURRENT ASSETS | $370M |
| TOTAL ASSETS | $582M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $778M |
| Retained Earnings | -$322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $450M |
| Minority Interest | $0 |
| TOTAL EQUITY | $450M |
| TOTAL LIABILITIES & EQUITY | $582M |
| Total Debt | $75M |
| Net Debt | $26M |
