| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181M | $204M | $190M | -11.3% | -4.8% |
| Op. Income | $4M | $33M | $23M | -87.7% | -82.7% |
| Gross Margin | 34.4% | 46.3% | 42.2% | -11.9pp | -7.8pp |
| Net Margin | 2.4% | 14.8% | 10.8% | -12.4pp | -8.4pp |
| EPS (Diluted) | $0.06 | $0.38 | $0.26 | -85.3% | -78.5% |
| Free Cash Flow | $15M | $28M | $14M | -45.5% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $62M |
| R&D Expenses | $27M |
| Selling & Marketing | $25M |
| General & Administrative | $5M |
| SG&A Expenses | $30M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $4M |
| Interest Income | $709.0K |
| Interest Expense | $152.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $15M |
| EBIT | $4M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $62M |
| R&D Expenses | $27M |
| Selling & Marketing | $25M |
| General & Administrative | $5M |
| SG&A Expenses | $30M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $4M |
| Interest Income | $709.0K |
| Interest Expense | $152.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $15M |
| EBIT | $4M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$229.0K |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $131M |
| Net Receivables | $110M |
| Inventory | $132M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $516M |
| PP&E (Net) | $195M |
| Goodwill | $209M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $68M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $506M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $75M |
| Short-Term Debt | $3M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $214M |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $843M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $808M |
| Minority Interest | $0 |
| TOTAL EQUITY | $808M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $53M |
| Net Debt | -$68M |
