| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | — | $69M | — | 63.0% |
| Op. Income | $37M | — | $22M | — | 72.6% |
| Gross Margin | 48.2% | — | 50.2% | — | -2.0pp |
| Net Margin | 29.0% | — | 28.6% | — | 0.4pp |
| EPS (Diluted) | $0.10 | — | $0.06 | — | 66.7% |
| Free Cash Flow | $86M | — | $29M | — | 196.4% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $54M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | -$6.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $37M |
| Interest Income | $7M |
| Interest Expense | $9M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $44M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $54M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | -$6.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $37M |
| Interest Income | $7M |
| Interest Expense | $9M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $44M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $86M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$285.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $22.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$192.0K |
| NET CASH FROM FINANCING | -$170.0K |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $1M |
| Net Receivables | $206M |
| Inventory | $0 |
| Other Current Assets | $227M |
| TOTAL CURRENT ASSETS | $777M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $835M |
| Account Payables | $405M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $453M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $503.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $457M |
| Common Stock | $592.0K |
| Additional Paid-In Capital | $165M |
| Retained Earnings | $200M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $378M |
| Minority Interest | -$11.0K |
| TOTAL EQUITY | $378M |
| TOTAL LIABILITIES & EQUITY | $835M |
| Total Debt | $19M |
| Net Debt | -$301M |
