| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $140M | $127M | 3.2% | 14.2% |
| Op. Income | -$27M | -$24M | -$23M | -13.9% | -17.9% |
| Gross Margin | 46.2% | 44.8% | 45.0% | 1.4pp | 1.2pp |
| Net Margin | -19.2% | -18.0% | -24.9% | -1.2pp | 5.7pp |
| EPS (Diluted) | $-0.48 | $-0.44 | $-0.56 | -9.1% | 14.3% |
| Free Cash Flow | -$4M | -$16M | -$18M | 77.8% | 80.2% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $67M |
| R&D Expenses | $33M |
| Selling & Marketing | $28M |
| General & Administrative | $23M |
| SG&A Expenses | $51M |
| Other Expenses | $10M |
| Operating Expenses | $94M |
| Cost & Expenses | $172M |
| OPERATING INCOME | -$27M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$231.0K |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $469.0K |
| 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 | $15M |
| EBIT | -$26M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $86.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $451.0K |
| NET CASH FROM FINANCING | $451.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $203M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $103M |
| Goodwill | $513M |
| Intangible Assets | $146M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $834M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $12M |
| Short-Term Debt | $11M |
| Deferred Revenue | $101M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $657M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $737M |
| TOTAL LIABILITIES | $903M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $962M |
| Retained Earnings | -$528M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $430M |
| Minority Interest | $0 |
| TOTAL EQUITY | $430M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $733M |
| Net Debt | $540M |
