| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $163M | $177M | 6.0% | -2.7% |
| Op. Income | $20M | $11M | $45M | 80.8% | -55.7% |
| Gross Margin | 83.0% | 84.3% | 87.2% | -1.4pp | -4.3pp |
| Net Margin | 18.0% | 8.3% | 23.6% | 9.6pp | -5.7pp |
| EPS (Diluted) | $0.07 | $0.03 | $0.09 | 130.0% | -25.8% |
| Free Cash Flow | $54M | $27M | $39M | 96.1% | 35.8% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $143M |
| R&D Expenses | $42M |
| Selling & Marketing | $58M |
| General & Administrative | $23M |
| SG&A Expenses | $81M |
| Other Expenses | -$511.7K |
| Operating Expenses | $123M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $20M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $143M |
| R&D Expenses | $42M |
| Selling & Marketing | $58M |
| General & Administrative | $23M |
| SG&A Expenses | $81M |
| Other Expenses | -$511.7K |
| Operating Expenses | $123M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $20M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$291M |
| NET CASH FROM INVESTING | -$291M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $404M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $57.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $584.5K |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $298M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $421M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $445M |
| Common Stock | $81.8K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$497M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $46M |
| Net Debt | -$1.6B |
