| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $58M | $45M | 6.0% | 35.5% |
| Op. Income | -$24M | -$25M | -$37M | 1.6% | 34.2% |
| Gross Margin | 70.7% | 70.7% | 69.3% | 0.0pp | 1.4pp |
| Net Margin | -36.6% | -42.3% | -80.4% | 5.7pp | 43.8pp |
| EPS (Diluted) | $-0.20 | $-0.22 | $-0.35 | 9.1% | 42.9% |
| Free Cash Flow | -$4M | $8M | -$16M | -147.6% | 75.4% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $44M |
| R&D Expenses | $22M |
| Selling & Marketing | $33M |
| General & Administrative | $14M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $86M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $204.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $1M |
| EBIT | -$24M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $812.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$747.0K |
| Acquisitions (Net) | -$394.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $175.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $19M |
| Goodwill | $4M |
| Intangible Assets | $3M |
| Long-Term Investments | $59M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $119M |
| TOTAL ASSETS | $428M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $95M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $133M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $545M |
| Retained Earnings | -$249M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$580.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $428M |
| Total Debt | $12M |
| Net Debt | -$236M |
