Reported March 31, 2022
| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $135M | $20M | -79.0% | 44.3% |
| Op. Income | $37M | $75M | $38M | -51.3% | -3.1% |
| Gross Margin | 84.2% | 59.0% | -39.1% | 25.2pp | 123.4pp |
| Net Margin | 58.0% | 44.5% | 140.7% | 13.4pp | -82.8pp |
| EPS (Diluted) | $0.16 | $0.59 | $0.34 | -72.6% | -52.4% |
| Free Cash Flow | -$33M | -$3M | -$3M | -1047.2% | -935.8% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | -$696.7K |
| Operating Expenses | $3M |
| Cost & Expenses | -$8M |
| OPERATING INCOME | $37M |
| Interest Income | $737.6K |
| Interest Expense | $2M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $13M |
| 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 | $7M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | -$696.7K |
| Operating Expenses | $3M |
| Cost & Expenses | -$8M |
| OPERATING INCOME | $37M |
| Interest Income | $737.6K |
| Interest Expense | $2M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $13M |
| 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 | $7M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $131.8K |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $322.3K |
| Sales/Maturities of Investments | $993.0K |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $8.5K |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4.4K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $138M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $3M |
| Tax Assets | $1M |
| Other Non-Current Assets | $302M |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $704M |
| Account Payables | $30M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $320M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | $99M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $497M |
| Minority Interest | $0 |
| TOTAL EQUITY | $497M |
| TOTAL LIABILITIES & EQUITY | $704M |
| Total Debt | $131M |
| Net Debt | $14M |