| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | $102M | $84M | -1.1% | 20.5% |
| Op. Income | $2M | $3M | $3M | -42.1% | -36.0% |
| Gross Margin | 47.3% | 51.8% | 49.6% | -4.5pp | -2.3pp |
| Net Margin | 0.8% | 7.2% | 3.6% | -6.4pp | -2.7pp |
| EPS (Diluted) | $0.03 | $0.22 | $0.03 | -88.5% | -15.7% |
| Free Cash Flow | -$19M | -$34M | -$7M | 44.9% | -168.1% |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $32M |
| SG&A Expenses | $46M |
| Other Expenses | $276.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $2M |
| Interest Income | $68.0K |
| Interest Expense | $552.0K |
| Other Income/Expenses | -$775.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $336.0K |
| Net Income from Continuing Ops | $843.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $843.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$453.0K |
| D&A | $8M |
| EBIT | $2M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $32M |
| SG&A Expenses | $46M |
| Other Expenses | $276.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $2M |
| Interest Income | $68.0K |
| Interest Expense | $552.0K |
| Other Income/Expenses | -$775.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $336.0K |
| Net Income from Continuing Ops | $843.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $843.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$453.0K |
| D&A | $8M |
| EBIT | $2M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $843.0K |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $273.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$188.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $193.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$5.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$360.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $361.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $122M |
| PP&E (Net) | $347M |
| Goodwill | $17M |
| Intangible Assets | $16M |
| Long-Term Investments | $31M |
| Tax Assets | $4M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $418M |
| TOTAL ASSETS | $540M |
| Account Payables | $14M |
| Short-Term Debt | $929.0K |
| Deferred Revenue | $43M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $67M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $329M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $147M |
| Retained Earnings | -$3M |
| Treasury Stock | -$365.0K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $540M |
| Total Debt | $218M |
| Net Debt | $147M |
