| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $102M | $114M | 10.1% | -0.9% |
| Op. Income | $19M | $23M | -$75M | -15.0% | 125.8% |
| Gross Margin | 55.8% | 65.1% | 62.0% | -9.3pp | -6.2pp |
| Net Margin | 22.0% | 29.5% | -61.2% | -7.5pp | 83.2pp |
| EPS (Diluted) | $0.06 | $0.08 | $-0.18 | -19.2% | 134.7% |
| Free Cash Flow | $0 | $0 | -$41M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $63M |
| R&D Expenses | $11M |
| Selling & Marketing | $20M |
| General & Administrative | $12M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $19M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $63M |
| R&D Expenses | $11M |
| Selling & Marketing | $20M |
| General & Administrative | $12M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $19M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $437M |
| Net Receivables | $168M |
| Inventory | $0 |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $810M |
| PP&E (Net) | $9M |
| Goodwill | $499.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $843M |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $157M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $19.6K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$417M |
| Treasury Stock | -$292 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $682M |
| Minority Interest | $0 |
| TOTAL EQUITY | $682M |
| TOTAL LIABILITIES & EQUITY | $843M |
| Total Debt | $3M |
| Net Debt | -$84M |
