| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $372M | $400M | $379M | -7.0% | -1.8% |
| Op. Income | $7M | $10M | $17M | -30.7% | -58.4% |
| Gross Margin | 47.3% | 44.8% | 47.0% | 2.5pp | 0.3pp |
| Net Margin | -0.2% | 2.1% | 4.7% | -2.3pp | -4.9pp |
| EPS (Diluted) | $-0.00 | $0.06 | $0.12 | -107.7% | -103.9% |
| Free Cash Flow | -$16M | -$107M | $56M | 85.0% | -128.6% |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $176M |
| R&D Expenses | $63M |
| Selling & Marketing | $64M |
| General & Administrative | $42M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $169M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $7M |
| Interest Income | $429.0K |
| Interest Expense | $196.0K |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$597.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$597.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$597.0K |
| D&A | $9M |
| EBIT | -$2M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$596.0K |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$99M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $440M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $336M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $923M |
| PP&E (Net) | $104M |
| Goodwill | $80M |
| Intangible Assets | $97M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $320M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $308M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $505M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $880.0K |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $600M |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $649M |
| Retained Earnings | $62M |
| Treasury Stock | -$65M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $643M |
| Minority Interest | $0 |
| TOTAL EQUITY | $643M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $36M |
| Net Debt | -$403M |
