| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $51M | $43M | -1.5% | 17.6% |
| Op. Income | $881.0K | -$320.0K | -$2M | 375.3% | 143.7% |
| Gross Margin | 32.2% | 31.3% | 29.7% | 0.9pp | 2.5pp |
| Net Margin | 4.2% | -0.9% | -4.3% | 5.2pp | 8.6pp |
| EPS (Diluted) | $0.03 | $-0.01 | $-0.03 | 399.0% | 208.7% |
| Free Cash Flow | -$3M | -$6M | $8M | 58.6% | -130.8% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $16M |
| R&D Expenses | $6M |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $15M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $881.0K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $35.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $16M |
| R&D Expenses | $6M |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $15M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $881.0K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $35.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $318.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$66.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $708.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $656.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $14M |
| Goodwill | $67M |
| Intangible Assets | $19M |
| Long-Term Investments | -$195.0K |
| Tax Assets | $195.0K |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $244M |
| Account Payables | $38M |
| Short-Term Debt | $771.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | -$195.0K |
| Deferred Tax Liabilities | $195.0K |
| Other Non-Current Liabilities | -$3M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $468M |
| Additional Paid-In Capital | $468M |
| Retained Earnings | -$311M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$468M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $0 |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $244M |
| Total Debt | $19M |
| Net Debt | -$56M |
