| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $117M | $180M | 4.9% | -31.8% |
| Op. Income | $49M | $40M | $61M | 21.2% | -19.1% |
| Gross Margin | 73.4% | 76.4% | 84.8% | -3.0pp | -11.4pp |
| Net Margin | 32.2% | 31.8% | 26.0% | 0.4pp | 6.1pp |
| EPS (Diluted) | $0.44 | $0.44 | $0.55 | 1.0% | -19.5% |
| Free Cash Flow | $50M | $97M | $47M | -48.6% | 5.9% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $90M |
| R&D Expenses | $5M |
| Selling & Marketing | $20M |
| General & Administrative | $11M |
| SG&A Expenses | $31M |
| Other Expenses | $5M |
| Operating Expenses | $41M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $55.2K |
| Other Income/Expenses | $691.7K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $0 |
| EBIT | $49M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $90M |
| R&D Expenses | $5M |
| Selling & Marketing | $20M |
| General & Administrative | $11M |
| SG&A Expenses | $31M |
| Other Expenses | $5M |
| Operating Expenses | $41M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $55.2K |
| Other Income/Expenses | $691.7K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $0 |
| EBIT | $49M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$122M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $528M |
| Short-Term Investments | $162M |
| Net Receivables | $310M |
| Inventory | $0 |
| Other Current Assets | -$46M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $263.0K |
| Tax Assets | $15M |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $160M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $76.9K |
| Other Current Liabilities | -$180M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $112M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $180M |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $18.8K |
| Additional Paid-In Capital | $754M |
| Retained Earnings | $62M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $811M |
| Minority Interest | $0 |
| TOTAL EQUITY | $811M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $118M |
| Net Debt | -$410M |
