| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | $157M | $129M | 0.6% | 23.0% |
| Op. Income | -$7M | -$6M | -$4M | -18.8% | -78.4% |
| Gross Margin | 63.5% | 65.0% | 66.6% | -1.4pp | -3.0pp |
| Net Margin | -10.0% | -8.2% | -28.7% | -1.8pp | 18.7pp |
| EPS (Diluted) | $-0.08 | $-0.07 | $-0.20 | -23.9% | 59.3% |
| Free Cash Flow | $9M | $6M | $9M | 39.9% | 0.3% |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $100M |
| R&D Expenses | $19M |
| Selling & Marketing | $29M |
| General & Administrative | $32M |
| SG&A Expenses | $62M |
| Other Expenses | $28M |
| Operating Expenses | $108M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$291.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $28M |
| EBIT | -$7M |
| EBITDA | $20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$646.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $521.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $185M |
| PP&E (Net) | $13M |
| Goodwill | $907M |
| Intangible Assets | $461M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $9M |
| Short-Term Debt | $8M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $532M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $559M |
| TOTAL LIABILITIES | $659M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$555M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $929M |
| Minority Interest | $0 |
| TOTAL EQUITY | $929M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $540M |
| Net Debt | $449M |
