| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $37M | $38M | 1.1% | -0.2% |
| Op. Income | $11M | $11M | $13M | -3.4% | -15.4% |
| Gross Margin | 61.5% | 63.1% | 63.7% | -1.6pp | -2.2pp |
| Net Margin | 22.0% | 22.3% | 25.6% | -0.3pp | -3.6pp |
| EPS (Diluted) | $0.33 | $0.33 | $0.38 | 0.0% | -13.2% |
| Free Cash Flow | $6M | $8M | $8M | -28.4% | -21.3% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $11M |
| Interest Income | $15.0K |
| Interest Expense | $288.0K |
| Other Income/Expenses | -$262.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $11M |
| Interest Income | $15.0K |
| Interest Expense | $288.0K |
| Other Income/Expenses | -$262.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $291.0K |
| Deferred Income Tax | -$486.0K |
| Other Non-Cash Items | $132.0K |
| Change in Working Capital | $519.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$190.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $16M |
| Goodwill | $62M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $17.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $86M |
| TOTAL ASSETS | $135M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$29M |
| Treasury Stock | -$76M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $23M |
| Net Debt | -$5M |
