| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $220M | $257M | 14.8% | -1.5% |
| Op. Income | $10M | -$387.0K | $22M | 2672.4% | -54.1% |
| Gross Margin | 39.4% | 39.6% | 41.1% | -0.2pp | -1.7pp |
| Net Margin | 1.6% | -1.2% | 6.1% | 2.8pp | -4.5pp |
| EPS (Diluted) | $0.07 | $-0.05 | $0.28 | 240.0% | -75.0% |
| Free Cash Flow | -$10M | -$1M | $13M | -758.2% | -178.0% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $100M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $25M |
| Operating Expenses | $90M |
| Cost & Expenses | $243M |
| OPERATING INCOME | $10M |
| Interest Income | $110.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $24M |
| EBIT | $8M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $100M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $25M |
| Operating Expenses | $90M |
| Cost & Expenses | $243M |
| OPERATING INCOME | $10M |
| Interest Income | $110.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $24M |
| EBIT | $8M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $512.0K |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$217.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $367M |
| Inventory | $260M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $755M |
| PP&E (Net) | $195M |
| Goodwill | $938M |
| Intangible Assets | $365M |
| Long-Term Investments | -$30M |
| Tax Assets | $30M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $90M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $452M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $577M |
| TOTAL LIABILITIES | $759M |
| Common Stock | $556.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $369M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $524M |
| Net Debt | $432M |
