| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $95M | $79M | 9.3% | 30.9% |
| Op. Income | $10M | $8M | $4M | 31.9% | 148.2% |
| Gross Margin | 55.5% | 54.9% | 53.8% | 0.6pp | 1.7pp |
| Net Margin | 4.0% | 3.0% | 4.0% | 1.0pp | -0.0pp |
| EPS (Diluted) | $0.12 | $0.08 | $0.09 | 50.0% | 33.3% |
| Free Cash Flow | $17M | $5M | $20M | 261.9% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $57M |
| R&D Expenses | $14M |
| Selling & Marketing | $18M |
| General & Administrative | $15M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $10M |
| Interest Income | $1.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $456.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $57M |
| R&D Expenses | $14M |
| Selling & Marketing | $18M |
| General & Administrative | $15M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $10M |
| Interest Income | $1.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $456.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $203.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$31.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $129.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $62M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $41M |
| Goodwill | $342M |
| Intangible Assets | $309M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $694M |
| TOTAL ASSETS | $864M |
| Account Payables | $28M |
| Short-Term Debt | $19M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $241M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $282M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $417.0K |
| Additional Paid-In Capital | $380M |
| Retained Earnings | $189M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $487M |
| Minority Interest | $0 |
| TOTAL EQUITY | $487M |
| TOTAL LIABILITIES & EQUITY | $864M |
| Total Debt | $276M |
| Net Debt | $235M |
