| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $189M | $179M | -4.8% | 0.3% |
| Op. Income | $13M | $15M | $20M | -16.9% | -34.6% |
| Gross Margin | 46.5% | 48.5% | 47.6% | -2.0pp | -1.1pp |
| Net Margin | -2.8% | -2.0% | 1.0% | -0.8pp | -3.8pp |
| EPS (Diluted) | $-0.06 | $-0.05 | $0.02 | -31.9% | -401.5% |
| Free Cash Flow | -$57M | $14M | $31M | -498.3% | -285.1% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $84M |
| R&D Expenses | $38M |
| Selling & Marketing | $13M |
| General & Administrative | $20M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $13M |
| Interest Income | $478.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $34M |
| EBIT | -$1M |
| EBITDA | $32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $649M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $764M |
| PP&E (Net) | $106M |
| Goodwill | $1.4B |
| Intangible Assets | $821M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $5M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $924M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $110M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $209M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.0B |
| Net Debt | $361M |
