| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $37M | $31M | 4.0% | 25.3% |
| Op. Income | $1M | $905.0K | -$2M | 34.6% | 155.0% |
| Gross Margin | 88.2% | 88.7% | 87.7% | -0.6pp | 0.5pp |
| Net Margin | -2.4% | 3.9% | -7.9% | -6.3pp | 5.5pp |
| EPS (Diluted) | $-0.02 | $0.03 | $-0.05 | -168.0% | 60.5% |
| Free Cash Flow | $4M | $6M | $2M | -24.5% | 79.3% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $5M |
| Selling & Marketing | $15M |
| General & Administrative | $9M |
| SG&A Expenses | $24M |
| Other Expenses | $4M |
| Operating Expenses | $33M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $447.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$938.0K |
| Income Tax Expense | -$12.0K |
| Net Income from Continuing Ops | -$926.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$926.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$926.0K |
| D&A | $4M |
| EBIT | -$491.0K |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$926.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$576.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $233.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $27M |
| Goodwill | $128M |
| Intangible Assets | $24M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $223M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $51M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $797.0K |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $117M |
| Common Stock | $764.0K |
| Additional Paid-In Capital | $249M |
| Retained Earnings | $26M |
| Treasury Stock | -$170M |
| Accum. Other Comp. Income | -$311.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $223M |
| Total Debt | $38M |
| Net Debt | $34M |
