| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $86M | $97M | 3.2% | -8.0% |
| Op. Income | $17M | $7M | $17M | 151.3% | 1.6% |
| Gross Margin | 69.5% | 68.2% | 72.1% | 1.4pp | -2.5pp |
| Net Margin | -111.5% | -0.6% | 6.0% | -110.9pp | -117.5pp |
| EPS (Diluted) | $-2.53 | $-0.01 | $0.15 | -20809.1% | -1786.7% |
| Free Cash Flow | -$8M | -$4M | $21M | -110.2% | -139.5% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $62M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $17M |
| Interest Income | $243.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | -$99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$99M |
| D&A | $5M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$99M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $106M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $469.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $19M |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $55M |
| Goodwill | $1.1B |
| Intangible Assets | $13M |
| Long-Term Investments | $9M |
| Tax Assets | $50M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $15M |
| Short-Term Debt | $9M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $261M |
| Deferred Revenue NC | $174M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $627M |
| Common Stock | $393.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $950M |
| Minority Interest | $0 |
| TOTAL EQUITY | $950M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $289M |
| Net Debt | $181M |
