| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $23M | $20M | 3.5% | 21.1% |
| Op. Income | -$476.0K | -$630.0K | $2M | 24.4% | -130.2% |
| Gross Margin | 72.7% | 73.6% | 75.5% | -0.9pp | -2.8pp |
| Net Margin | -2.6% | -3.6% | 6.4% | 1.0pp | -9.0pp |
| EPS (Diluted) | $-0.02 | $-0.03 | $0.04 | 26.2% | -150.1% |
| Free Cash Flow | $900.0K | -$3M | -$977.0K | 134.2% | 192.1% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $17M |
| R&D Expenses | $6M |
| Selling & Marketing | $9M |
| General & Administrative | $3M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$476.0K |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $203.0K |
| INCOME BEFORE TAX | -$273.0K |
| Income Tax Expense | $342.0K |
| Net Income from Continuing Ops | -$615.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$615.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$615.0K |
| D&A | $393.0K |
| EBIT | -$476.0K |
| EBITDA | -$83.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$615.0K |
| Depreciation & Amortization | $393.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$119.0K |
| Other Non-Cash Items | $466.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$266.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$266.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $900.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $5M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $116M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $870.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $390M |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$95.0K |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $4M |
| Net Debt | -$67M |
