| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $192M | $169M | 3.2% | 17.1% |
| Op. Income | $37M | $37M | $42M | -1.3% | -13.3% |
| Gross Margin | 50.6% | 52.9% | 56.6% | -2.3pp | -6.0pp |
| Net Margin | 15.0% | 16.1% | 21.7% | -1.1pp | -6.7pp |
| EPS (Diluted) | $0.47 | $0.49 | $0.57 | -4.1% | -17.5% |
| Free Cash Flow | $38M | $52M | $59M | -26.3% | -35.2% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $100M |
| R&D Expenses | $29M |
| Selling & Marketing | $16M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $2M |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $100M |
| R&D Expenses | $29M |
| Selling & Marketing | $16M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $2M |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$774.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $367M |
| PP&E (Net) | $33M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $148M |
| TOTAL ASSETS | $515M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $169M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $624.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $226M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $198M |
| Minority Interest | $0 |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $515M |
| Total Debt | $17M |
| Net Debt | -$180M |
