| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $202M | $172M | 17.0% | 37.2% |
| Op. Income | $20M | $10M | $18M | 106.2% | 11.2% |
| Gross Margin | 50.2% | 49.6% | 52.0% | 0.6pp | -1.8pp |
| Net Margin | 5.7% | 3.7% | 103.0% | 2.0pp | -97.3pp |
| EPS (Diluted) | $0.19 | $0.11 | $2.61 | 72.7% | -92.7% |
| Free Cash Flow | $3M | $4M | $7M | -23.9% | -55.6% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $119M |
| R&D Expenses | $33M |
| Selling & Marketing | $46M |
| General & Administrative | $19M |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $20M |
| Interest Income | $595.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $461.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $119M |
| R&D Expenses | $33M |
| Selling & Marketing | $46M |
| General & Administrative | $19M |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $20M |
| Interest Income | $595.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $461.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$533.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$363.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $160M |
| Net Receivables | $101M |
| Inventory | $141M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $535M |
| PP&E (Net) | $34M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $164M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $332M |
| TOTAL ASSETS | $867M |
| Account Payables | $66M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $219M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$402M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $648M |
| Minority Interest | $0 |
| TOTAL EQUITY | $648M |
| TOTAL LIABILITIES & EQUITY | $867M |
| Total Debt | $13M |
| Net Debt | -$62M |
