| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $62M | $49M | 5.9% | 32.0% |
| Op. Income | -$26M | -$24M | -$21M | -6.6% | -20.1% |
| Gross Margin | 70.5% | 70.7% | 68.9% | -0.2pp | 1.7pp |
| Net Margin | -36.8% | -36.6% | -44.3% | -0.3pp | 7.5pp |
| EPS (Diluted) | $-0.21 | $-0.20 | $-0.20 | -5.0% | -5.0% |
| Free Cash Flow | -$6M | -$4M | -$12M | -51.1% | 52.0% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $46M |
| R&D Expenses | $22M |
| Selling & Marketing | $35M |
| General & Administrative | $14M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $91M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $407.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $1M |
| EBIT | -$26M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$654.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $15.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102.0K |
| NET CASH FROM FINANCING | $599.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $12M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $19M |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $71M |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $414M |
| Account Payables | $490.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $90M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $119M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $569M |
| Retained Earnings | -$273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$754.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $11M |
| Net Debt | -$207M |
