| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $164M | $150M | 4.8% | 14.4% |
| Op. Income | $18M | $13M | $16M | 37.0% | 7.0% |
| Gross Margin | 40.7% | 39.2% | 42.0% | 1.5pp | -1.4pp |
| Net Margin | 8.7% | 5.9% | 6.0% | 2.9pp | 2.8pp |
| EPS (Diluted) | $0.27 | $0.18 | $0.17 | 50.0% | 58.8% |
| Free Cash Flow | $41M | -$1M | $8M | 3744.4% | 441.2% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $70M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $3M |
| Operating Expenses | $52M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $18M |
| Interest Income | $571.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $208.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $6M |
| EBIT | $18M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $70M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $3M |
| Operating Expenses | $52M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $18M |
| Interest Income | $571.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $208.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $6M |
| EBIT | $18M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$25.0K |
| Other Non-Cash Items | $242.0K |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$703.0K |
| NET CASH FROM FINANCING | $77.0K |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $102M |
| Net Receivables | $173M |
| Inventory | $188M |
| Other Current Assets | $557.0K |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $134M |
| Goodwill | $182M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $347M |
| TOTAL ASSETS | $997M |
| Account Payables | $51M |
| Short-Term Debt | $20M |
| Deferred Revenue | $122M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $260M |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $556M |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$631M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $219.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $441M |
| Minority Interest | $0 |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $997M |
| Total Debt | $309M |
| Net Debt | $140M |
