| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $83M | $76M | -6.1% | 2.8% |
| Op. Income | -$9M | -$4M | -$3M | -111.5% | -191.0% |
| Gross Margin | 23.0% | 26.5% | 23.7% | -3.5pp | -0.7pp |
| Net Margin | -10.2% | -3.8% | 1.8% | -6.5pp | -12.0pp |
| EPS (Diluted) | $-0.74 | $-0.29 | $0.13 | -155.2% | -669.2% |
| Free Cash Flow | -$48M | -$18M | $27M | -168.9% | -278.9% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $18M |
| R&D Expenses | $3M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $22M |
| Other Expenses | $3M |
| Operating Expenses | $27M |
| Cost & Expenses | $87M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $373.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $10M |
| EBIT | -$5M |
| EBITDA | $5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $175.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$517.0K |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $6M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $275M |
| Goodwill | $130M |
| Intangible Assets | $42M |
| Long-Term Investments | $2M |
| Tax Assets | $14.0K |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $473M |
| TOTAL ASSETS | $645M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $139M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $239M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $354M |
| TOTAL LIABILITIES | $540M |
| Common Stock | $31M |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$276.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $645M |
| Total Debt | $256M |
| Net Debt | $226M |
