| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $315M | — | 0.2% | — |
| Op. Income | $41M | $49M | — | -17.1% | — |
| Gross Margin | 58.5% | 59.7% | — | -1.1pp | — |
| Net Margin | 6.1% | 11.0% | — | -4.9pp | — |
| EPS (Diluted) | $0.08 | $0.15 | — | -45.9% | — |
| Free Cash Flow | $10M | $4M | — | 152.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $185M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $144M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $22M |
| EBIT | $35M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $185M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $144M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $22M |
| EBIT | $35M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $600.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$700.0K |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$70M |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $2M |
| Net Receivables | $289M |
| Inventory | $114M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $267M |
| Goodwill | $389M |
| Intangible Assets | $58M |
| Long-Term Investments | $600.0K |
| Tax Assets | $102M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $834M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $58M |
| Short-Term Debt | $10M |
| Deferred Revenue | $79M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $260M |
| Long-Term Debt | $706M |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $908M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.4B |
| Retained Earnings | -$69.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $710M |
| Minority Interest | $0 |
| TOTAL EQUITY | $710M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $766M |
| Net Debt | $172M |
