| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $109M | $98M | 4.9% | 17.0% |
| Op. Income | $20M | $16M | $14M | 23.3% | 45.6% |
| Gross Margin | 66.3% | 65.6% | 64.9% | 0.7pp | 1.4pp |
| Net Margin | 13.9% | 9.8% | 11.7% | 4.0pp | 2.2pp |
| EPS (Diluted) | $0.43 | $0.29 | $0.31 | 48.3% | 38.7% |
| Free Cash Flow | $34M | $29M | $20M | 18.9% | 69.3% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $76M |
| R&D Expenses | $11M |
| Selling & Marketing | $25M |
| General & Administrative | $17M |
| SG&A Expenses | $42M |
| Other Expenses | $3M |
| Operating Expenses | $56M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $20M |
| Interest Income | $586.0K |
| Interest Expense | $695.0K |
| Other Income/Expenses | -$695.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $20M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $76M |
| R&D Expenses | $11M |
| Selling & Marketing | $25M |
| General & Administrative | $17M |
| SG&A Expenses | $42M |
| Other Expenses | $3M |
| Operating Expenses | $56M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $20M |
| Interest Income | $586.0K |
| Interest Expense | $695.0K |
| Other Income/Expenses | -$695.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $20M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $68.0K |
| Other Non-Cash Items | $290.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $51M |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $339M |
| PP&E (Net) | $43M |
| Goodwill | $166M |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $223.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $298M |
| TOTAL ASSETS | $637M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | $177M |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $508M |
| Minority Interest | $0 |
| TOTAL EQUITY | $508M |
| TOTAL LIABILITIES & EQUITY | $637M |
| Total Debt | $18M |
| Net Debt | -$168M |
