| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $121M | $81M | -7.3% | 38.1% |
| Op. Income | $19M | $30M | $5M | -35.7% | 311.8% |
| Gross Margin | 68.3% | 72.7% | 68.4% | -4.4pp | -0.2pp |
| Net Margin | 0.8% | 28.9% | 4.5% | -28.1pp | -3.7pp |
| EPS (Diluted) | $0.01 | $0.31 | $0.03 | -97.3% | -72.0% |
| Free Cash Flow | $74M | $52M | $44M | 42.6% | 68.7% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $77M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $19M |
| Interest Income | $3M |
| Interest Expense | $437.0K |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $939.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $939.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $939.0K |
| D&A | $12M |
| EBIT | $4M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $77M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $19M |
| Interest Income | $3M |
| Interest Expense | $437.0K |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $939.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $939.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $939.0K |
| D&A | $12M |
| EBIT | $4M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $939.0K |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $470.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $56M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $780.0K |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $123M |
| Net Receivables | $181M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $474M |
| PP&E (Net) | $104M |
| Goodwill | $292M |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $495M |
| TOTAL ASSETS | $969M |
| Account Payables | $20M |
| Short-Term Debt | $10M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $219M |
| Common Stock | $107.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$509M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $750M |
| Minority Interest | $0 |
| TOTAL EQUITY | $750M |
| TOTAL LIABILITIES & EQUITY | $969M |
| Total Debt | $46M |
| Net Debt | -$96M |
