| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $219M | $253M | $208M | -13.7% | 5.1% |
| Op. Income | $17M | $18M | $21M | -4.6% | -17.4% |
| Gross Margin | 18.0% | 20.6% | 22.1% | -2.6pp | -4.1pp |
| Net Margin | 5.4% | 5.2% | 7.1% | 0.2pp | -1.6pp |
| EPS (Diluted) | $1.02 | $1.14 | $1.27 | -10.5% | -19.7% |
| Free Cash Flow | -$32M | $11M | $10M | -400.9% | -403.8% |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $7M |
| SG&A Expenses | $22M |
| Other Expenses | -$403.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $531.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $7M |
| SG&A Expenses | $22M |
| Other Expenses | -$403.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $531.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $878.0K |
| Deferred Income Tax | -$800.0K |
| Other Non-Cash Items | $618.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$599.0K |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$360.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $667.0K |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $211M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $288M |
| PP&E (Net) | $120M |
| Goodwill | $10M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $165M |
| TOTAL ASSETS | $454M |
| Account Payables | $49M |
| Short-Term Debt | $71M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $116.0K |
| Additional Paid-In Capital | $128M |
| Retained Earnings | $136M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $454M |
| Total Debt | $80M |
| Net Debt | $80M |
