| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $22M | $19M | 5.5% | 26.0% |
| Op. Income | -$4M | -$16M | -$8M | 72.7% | 46.8% |
| Gross Margin | 42.4% | 41.9% | 48.9% | 0.6pp | -6.5pp |
| Net Margin | -19.1% | -71.5% | 4.4% | 52.4pp | -23.5pp |
| EPS (Diluted) | $-0.09 | $-0.30 | $-0.14 | 71.6% | 39.1% |
| Free Cash Flow | -$13M | -$6M | -$19M | -111.5% | 32.1% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $9M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $478.0K |
| Other Income/Expenses | -$58.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $64.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $11M |
| EBIT | -$4M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | -$813.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17.0K |
| NET CASH FROM FINANCING | -$17.0K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $17M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $75M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $546.0K |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $175M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $357M |
| Retained Earnings | -$227M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$182.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $175M |
| Total Debt | $5M |
| Net Debt | -$42M |
