| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $145M | $122M | 4.8% | 24.1% |
| Op. Income | $23M | $23M | $20M | -0.5% | 18.4% |
| Gross Margin | 35.3% | 35.9% | 37.7% | -0.6pp | -2.4pp |
| Net Margin | 7.8% | 8.7% | -52.2% | -0.9pp | 60.0pp |
| EPS (Diluted) | $0.37 | $0.39 | $-1.97 | -5.1% | 118.8% |
| Free Cash Flow | $58M | $12M | $17M | 365.9% | 238.6% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $54M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $23M |
| Interest Income | $167.0K |
| Interest Expense | $342.0K |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $54M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $23M |
| Interest Income | $167.0K |
| Interest Expense | $342.0K |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$616.0K |
| Other Non-Cash Items | $70.0K |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$150.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $63M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $326M |
| PP&E (Net) | $119M |
| Goodwill | $139M |
| Intangible Assets | $106M |
| Long-Term Investments | $789.0K |
| Tax Assets | $23M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $408M |
| TOTAL ASSETS | $735M |
| Account Payables | $66M |
| Short-Term Debt | $4M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $244M |
| Common Stock | $317M |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $533M |
| Treasury Stock | -$395M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $491M |
| Minority Interest | $0 |
| TOTAL EQUITY | $491M |
| TOTAL LIABILITIES & EQUITY | $735M |
| Total Debt | $111M |
| Net Debt | -$37M |
