| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $17M | $5M | 333.3% | 1390.1% |
| Op. Income | $43M | $3M | -$3M | 1296.2% | 1556.3% |
| Gross Margin | 86.6% | 53.7% | 31.5% | 32.9pp | 55.1pp |
| Net Margin | 45.8% | 12.2% | -64.2% | 33.5pp | 110.0pp |
| EPS (Diluted) | $0.45 | $0.03 | $-0.04 | 1400.0% | 1181.7% |
| Free Cash Flow | -$5M | -$2M | $2M | -116.6% | -393.6% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $259.0K |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $130.2K |
| EBIT | $43M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $259.0K |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $130.2K |
| EBIT | $43M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $130.2K |
| Stock-Based Compensation | $328.7K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $31M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $2M |
| Goodwill | $898.3K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $261.8K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $204M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $7.3K |
| Additional Paid-In Capital | $233M |
| Retained Earnings | -$60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $173M |
| Minority Interest | $0 |
| TOTAL EQUITY | $173M |
| TOTAL LIABILITIES & EQUITY | $204M |
| Total Debt | $519.2K |
| Net Debt | -$109M |
