| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $48M | $38M | 15.4% | 45.5% |
| Op. Income | -$39M | -$45M | -$62M | 13.7% | 36.4% |
| Gross Margin | 69.9% | 68.8% | 62.2% | 1.1pp | 7.8pp |
| Net Margin | -72.7% | -94.7% | -161.7% | 22.0pp | 89.0pp |
| EPS (Diluted) | $-0.17 | $-0.32 | $-0.43 | 46.9% | 60.5% |
| Free Cash Flow | -$33M | -$48M | -$63M | 31.9% | 48.4% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $39M |
| R&D Expenses | $31M |
| Selling & Marketing | $24M |
| General & Administrative | $22M |
| SG&A Expenses | $46M |
| Other Expenses | $429.0K |
| Operating Expenses | $78M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$39M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$983.0K |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $5M |
| EBIT | -$37M |
| EBITDA | -$31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | -$316.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6.0K |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $408M |
| Net Receivables | $40M |
| Inventory | $14M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $562M |
| PP&E (Net) | $164M |
| Goodwill | $119M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $294M |
| TOTAL ASSETS | $857M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $283M |
| TOTAL LIABILITIES | $393M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$919M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $464M |
| Minority Interest | -$67.0K |
| TOTAL EQUITY | $464M |
| TOTAL LIABILITIES & EQUITY | $857M |
| Total Debt | $108M |
| Net Debt | $18M |
