| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $79M | $59M | 23.3% | 66.7% |
| Op. Income | $36M | $25M | $18M | 43.4% | 99.5% |
| Gross Margin | 88.7% | 88.7% | 86.6% | -0.0pp | 2.1pp |
| Net Margin | 56.9% | 45.5% | 29.3% | 11.4pp | 27.5pp |
| EPS (Diluted) | $0.26 | $0.17 | $0.03 | 52.9% | 790.4% |
| Free Cash Flow | $26M | $18M | $23M | 41.9% | 11.9% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $87M |
| R&D Expenses | $16M |
| Selling & Marketing | $26M |
| General & Administrative | $9M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $20.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $1M |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $87M |
| R&D Expenses | $16M |
| Selling & Marketing | $26M |
| General & Administrative | $9M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $20.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $1M |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $680M |
| Net Receivables | $72M |
| Inventory | $5M |
| Other Current Assets | -$2M |
| TOTAL CURRENT ASSETS | $858M |
| PP&E (Net) | $10M |
| Goodwill | $19M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $35M |
| Other Non-Current Assets | $836.0K |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $932M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $38.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $905.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $190.0K |
| Additional Paid-In Capital | $688M |
| Retained Earnings | $154M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $839M |
| Minority Interest | $0 |
| TOTAL EQUITY | $839M |
| TOTAL LIABILITIES & EQUITY | $932M |
| Total Debt | $2M |
| Net Debt | -$83M |
