| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $121M | $114M | -3.7% | 2.7% |
| Op. Income | $2M | $12M | $16M | -85.1% | -89.1% |
| Gross Margin | 77.6% | 78.0% | 77.0% | -0.4pp | 0.6pp |
| Net Margin | 0.2% | 7.2% | 11.1% | -7.0pp | -10.9pp |
| EPS (Diluted) | $0.00 | $0.07 | $0.09 | -97.6% | -98.2% |
| Free Cash Flow | -$5M | $4M | $11M | -222.9% | -144.4% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $91M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $572.0K |
| Other Income/Expenses | -$567.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $997.0K |
| Net Income from Continuing Ops | $215.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $215.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $91M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $572.0K |
| Other Income/Expenses | -$567.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $997.0K |
| Net Income from Continuing Ops | $215.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $215.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $215.0K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $26.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $25M |
| Other Current Assets | $807.0K |
| TOTAL CURRENT ASSETS | $231M |
| PP&E (Net) | $142M |
| Goodwill | $29M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $227M |
| TOTAL ASSETS | $457M |
| Account Payables | $38M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $68M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $112M |
| TOTAL LIABILITIES | $201M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $309M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $256M |
| Minority Interest | $0 |
| TOTAL EQUITY | $256M |
| TOTAL LIABILITIES & EQUITY | $457M |
| Total Debt | $131M |
| Net Debt | $23M |
