| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $111M | $72M | -0.9% | 52.5% |
| Op. Income | $5M | $4M | $2M | 16.7% | 146.2% |
| Gross Margin | 24.3% | 22.9% | 25.1% | 1.4pp | -0.7pp |
| Net Margin | 3.3% | 2.8% | 2.0% | 0.5pp | 1.2pp |
| EPS (Diluted) | $0.13 | $0.11 | $0.05 | 18.2% | 160.0% |
| Free Cash Flow | $3M | -$9M | $11M | 136.7% | -68.4% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $524.0K |
| Other Income/Expenses | -$469.0K |
| INCOME BEFORE TAX | $5M |
| 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 | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $524.0K |
| Other Income/Expenses | -$469.0K |
| INCOME BEFORE TAX | $5M |
| 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 | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $780.0K |
| Deferred Income Tax | $282.0K |
| Other Non-Cash Items | $484.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$531.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$531.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $334.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $78M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $159M |
| PP&E (Net) | $37M |
| Goodwill | $44M |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $313M |
| Account Payables | $39M |
| Short-Term Debt | $4M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $170M |
| Common Stock | $138M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $60.0K |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $143M |
| Minority Interest | $0 |
| TOTAL EQUITY | $143M |
| TOTAL LIABILITIES & EQUITY | $313M |
| Total Debt | $97M |
| Net Debt | $95M |
