| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $442M | $498M | — | -11.3% | — |
| Op. Income | -$60M | -$11M | — | -446.2% | — |
| Gross Margin | 76.8% | 78.1% | — | -1.3pp | — |
| Net Margin | -12.1% | -3.5% | — | -8.6pp | — |
| EPS (Diluted) | $-0.11 | $-0.03 | — | -266.7% | — |
| Free Cash Flow | -$5M | -$29M | — | 82.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $339M |
| R&D Expenses | $19M |
| Selling & Marketing | $202M |
| General & Administrative | $117M |
| SG&A Expenses | $318M |
| Other Expenses | $62M |
| Operating Expenses | $400M |
| Cost & Expenses | $502M |
| OPERATING INCOME | -$60M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | $586.0K |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $36M |
| EBIT | -$55M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $42.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $484M |
| PP&E (Net) | $153M |
| Goodwill | $883M |
| Intangible Assets | $178M |
| Long-Term Investments | $0 |
| Tax Assets | $138M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $50M |
| Other Current Liabilities | $131M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $575M |
| TOTAL LIABILITIES | $856M |
| Common Stock | $525.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$190M |
| Treasury Stock | -$166M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $585M |
| Net Debt | $264M |
