| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $223M | $290M | 11.8% | -14.0% |
| Op. Income | -$2M | -$10M | $13M | 78.6% | -116.7% |
| Gross Margin | 27.5% | 27.5% | 29.9% | -0.1pp | -2.5pp |
| Net Margin | 1.1% | -3.8% | 3.3% | 4.9pp | -2.2pp |
| EPS (Diluted) | $0.10 | $-0.30 | $0.31 | 132.2% | -68.9% |
| Free Cash Flow | -$17M | $4M | -$19M | -525.9% | 10.5% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $69M |
| R&D Expenses | $22M |
| Selling & Marketing | $34M |
| General & Administrative | $14M |
| SG&A Expenses | $48M |
| Other Expenses | $361.0K |
| Operating Expenses | $71M |
| Cost & Expenses | $252M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $638.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | $296.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $193.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$579.0K |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $579.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $641.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $100M |
| Net Receivables | $260M |
| Inventory | $298M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $830M |
| PP&E (Net) | $48M |
| Goodwill | $36M |
| Intangible Assets | $1M |
| Long-Term Investments | $8M |
| Tax Assets | $78M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $175M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $192M |
| TOTAL CURRENT LIABILITIES | $330M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | -$4M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $382M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $942M |
| Retained Earnings | -$319M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$115.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $623M |
| Minority Interest | $0 |
| TOTAL EQUITY | $623M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $41M |
| Net Debt | -$91M |
