| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $127M | $120M | 10.5% | 17.4% |
| Op. Income | -$14M | -$6M | -$16M | -123.0% | 12.6% |
| Gross Margin | 72.6% | 72.4% | 69.0% | 0.1pp | 3.5pp |
| Net Margin | -10.9% | -5.1% | -9.8% | -5.9pp | -1.1pp |
| EPS (Diluted) | $-0.23 | $-0.09 | $-0.18 | -143.4% | -27.8% |
| Free Cash Flow | $24M | $10M | $14M | 141.0% | 72.4% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $102M |
| R&D Expenses | $42M |
| Selling & Marketing | $46M |
| General & Administrative | $28M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $154M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$241.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $6M |
| EBIT | -$14M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $315.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $184.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $231.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $553M |
| Short-Term Investments | $8M |
| Net Receivables | $220M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $822M |
| PP&E (Net) | $69M |
| Goodwill | $364M |
| Intangible Assets | $32M |
| Long-Term Investments | $6M |
| Tax Assets | $641.0K |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $521M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $272M |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $60M |
| Net Debt | -$493M |
