| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $120M | $105M | 4.7% | 19.7% |
| Op. Income | $33M | $33M | $32M | 1.1% | 4.3% |
| Gross Margin | 79.3% | 79.1% | 78.6% | 0.2pp | 0.7pp |
| Net Margin | 22.0% | 22.2% | 26.5% | -0.2pp | -4.4pp |
| EPS (Diluted) | $0.71 | $0.67 | $0.70 | 6.0% | 1.4% |
| Free Cash Flow | $41M | $30M | $40M | 34.6% | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $100M |
| R&D Expenses | $25M |
| Selling & Marketing | $25M |
| General & Administrative | $16M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $33M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $492.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $100M |
| R&D Expenses | $25M |
| Selling & Marketing | $25M |
| General & Administrative | $16M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $33M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $492.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $165.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$115M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | $115M |
| NET CASH FROM INVESTING | $114M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $191M |
| Net Receivables | $99M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $523M |
| PP&E (Net) | $85M |
| Goodwill | $7M |
| Intangible Assets | $2M |
| Long-Term Investments | $71M |
| Tax Assets | $40M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $748M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $279M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $334M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $392M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $511M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $43.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $355M |
| Minority Interest | $0 |
| TOTAL EQUITY | $355M |
| TOTAL LIABILITIES & EQUITY | $748M |
| Total Debt | $40M |
| Net Debt | -$154M |
