| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $120M | $139M | 1.4% | -12.4% |
| Op. Income | -$566.0K | -$25M | $2M | 97.7% | -124.1% |
| Gross Margin | 38.2% | 38.1% | 38.0% | 0.1pp | 0.2pp |
| Net Margin | -0.0% | -18.2% | 0.6% | 18.2pp | -0.6pp |
| EPS (Diluted) | $-0.00 | $-0.83 | $0.03 | 99.9% | -103.0% |
| Free Cash Flow | -$7M | -$401.0K | $2M | -1580.5% | -401.0% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $47M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $5M |
| Operating Expenses | $47M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$566.0K |
| Interest Income | $449.0K |
| Interest Expense | $981.0K |
| Other Income/Expenses | -$230.0K |
| INCOME BEFORE TAX | -$796.0K |
| Income Tax Expense | -$771.0K |
| Net Income from Continuing Ops | -$25.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $8M |
| EBIT | $185.0K |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25.0K |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $490.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $95M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $275M |
| PP&E (Net) | $97M |
| Goodwill | $348M |
| Intangible Assets | $253M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $708M |
| TOTAL ASSETS | $984M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $77M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $127M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $211M |
| TOTAL LIABILITIES | $416M |
| Common Stock | $4M |
| Additional Paid-In Capital | $614M |
| Retained Earnings | $288M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $568M |
| Minority Interest | $0 |
| TOTAL EQUITY | $568M |
| TOTAL LIABILITIES & EQUITY | $984M |
| Total Debt | $183M |
| Net Debt | $150M |
