| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $281M | $253M | 1.6% | 12.7% |
| Op. Income | $21M | $20M | $12M | 0.4% | 77.3% |
| Gross Margin | 55.6% | 55.6% | 57.6% | 0.0pp | -2.0pp |
| Net Margin | 4.5% | 4.7% | 1.4% | -0.3pp | 3.1pp |
| EPS (Diluted) | $0.10 | $0.10 | $0.03 | -3.9% | 220.3% |
| Free Cash Flow | -$3M | $19M | $20M | -115.3% | -114.2% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $159M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $138M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $21M |
| Interest Income | $109.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $17M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $159M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $138M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $21M |
| Interest Income | $109.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $17M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $163M |
| Inventory | $38M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $78M |
| Goodwill | $400M |
| Intangible Assets | $37M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $578M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $69M |
| Short-Term Debt | $31M |
| Deferred Revenue | $222M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $458M |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $150M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $468M |
| TOTAL LIABILITIES | $926M |
| Common Stock | $139.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$939M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $350M |
| Net Debt | $184M |
