| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $84M | $66M | 10.6% | 40.9% |
| Op. Income | $24M | $22M | $21M | 7.6% | 15.6% |
| Gross Margin | 47.3% | 46.8% | 52.2% | 0.5pp | -4.9pp |
| Net Margin | 14.4% | 15.9% | 17.2% | -1.5pp | -2.7pp |
| EPS (Diluted) | $0.45 | $0.44 | $0.38 | 2.3% | 18.4% |
| Free Cash Flow | $17M | $3M | $14M | 546.4% | 23.2% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $3M |
| Operating Expenses | $20M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $3M |
| Operating Expenses | $20M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $859.0K |
| Other Non-Cash Items | $747.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $426.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $63M |
| Goodwill | $59M |
| Intangible Assets | $42M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $188M |
| TOTAL ASSETS | $411M |
| Account Payables | $3M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $708M |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $757M |
| TOTAL LIABILITIES | $818M |
| Common Stock | $299.0K |
| Additional Paid-In Capital | $991.0K |
| Retained Earnings | -$407M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$984.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$407M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$407M |
| TOTAL LIABILITIES & EQUITY | $411M |
| Total Debt | $715M |
| Net Debt | $542M |
