| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $119M | $111M | 5.8% | 14.0% |
| Op. Income | -$871.0K | -$4M | -$4M | 79.7% | 75.9% |
| Gross Margin | 59.9% | 59.6% | 60.3% | 0.2pp | -0.4pp |
| Net Margin | -0.9% | -4.6% | -3.6% | 3.7pp | 2.7pp |
| EPS (Diluted) | $-0.01 | $-0.04 | $-0.03 | 72.9% | 62.4% |
| Free Cash Flow | -$1M | -$5M | $15M | 78.8% | -106.9% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $76M |
| R&D Expenses | $10M |
| Selling & Marketing | $30M |
| General & Administrative | $32M |
| SG&A Expenses | $62M |
| Other Expenses | $4M |
| Operating Expenses | $76M |
| Cost & Expenses | $127M |
| OPERATING INCOME | -$871.0K |
| Interest Income | $0 |
| Interest Expense | $361.0K |
| Other Income/Expenses | -$361.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$91.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $15M |
| EBIT | -$871.0K |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $68.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $816.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$359.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $6M |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $219M |
| PP&E (Net) | $127M |
| Goodwill | $239M |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $458M |
| TOTAL ASSETS | $677M |
| Account Payables | $13M |
| Short-Term Debt | $2M |
| Deferred Revenue | $243M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $89M |
| TOTAL LIABILITIES | $463M |
| Common Stock | $150.0K |
| Additional Paid-In Capital | $238M |
| Retained Earnings | $18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $214M |
| Minority Interest | $0 |
| TOTAL EQUITY | $214M |
| TOTAL LIABILITIES & EQUITY | $677M |
| Total Debt | $76M |
| Net Debt | $4M |
