| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $52M | $59M | -2.7% | -14.0% |
| Op. Income | $28M | $33M | $41M | -15.3% | -31.8% |
| Gross Margin | 89.7% | 90.2% | 89.2% | -0.5pp | 0.6pp |
| Net Margin | 48.4% | 44.4% | 49.9% | 4.0pp | -1.5pp |
| EPS (Diluted) | $0.19 | $0.18 | $0.23 | 5.6% | -17.4% |
| Free Cash Flow | $31M | $21M | $34M | 45.0% | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $45M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $9M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $28M |
| Interest Income | $321.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $212.0K |
| EBIT | $28M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $45M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $9M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $28M |
| Interest Income | $321.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $212.0K |
| EBIT | $28M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $233.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $244.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$273.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$121.0K |
| NET CASH FROM INVESTING | -$273.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$994.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $283M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $73M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $116M |
| TOTAL ASSETS | $399M |
| Account Payables | $183.0K |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $1M |
| Additional Paid-In Capital | $500M |
| Retained Earnings | -$212M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $233M |
| Minority Interest | $0 |
| TOTAL EQUITY | $233M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $152M |
| Net Debt | -$49M |
