| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $173M | $147M | 2.6% | 20.7% |
| Op. Income | $24M | $21M | $15M | 15.7% | 58.1% |
| Gross Margin | 43.4% | 42.6% | 43.7% | 0.8pp | -0.3pp |
| Net Margin | -5.9% | -6.3% | -8.2% | 0.4pp | 2.3pp |
| EPS (Diluted) | $-0.06 | $-0.07 | $-0.07 | 3.8% | 13.3% |
| Free Cash Flow | $29M | $18M | — | 60.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $77M |
| R&D Expenses | $9M |
| Selling & Marketing | $29M |
| General & Administrative | $16M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $45M |
| EBIT | $24M |
| EBITDA | $70M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$152.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $58M |
