| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $74M | $77M | 17.6% | 13.2% |
| Op. Income | -$6M | -$5M | -$22M | -20.8% | 70.4% |
| Gross Margin | 53.4% | 52.2% | 55.1% | 1.2pp | -1.7pp |
| Net Margin | -7.2% | -6.7% | -25.3% | -0.5pp | 18.1pp |
| EPS (Diluted) | $-0.16 | $-0.13 | $-0.51 | -23.1% | 68.6% |
| Free Cash Flow | $8M | -$10M | $12M | 176.0% | -35.0% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $46M |
| R&D Expenses | $8M |
| Selling & Marketing | $27M |
| General & Administrative | $11M |
| SG&A Expenses | $38M |
| Other Expenses | $7M |
| Operating Expenses | $53M |
| Cost & Expenses | $93M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $185.0K |
| Other Income/Expenses | -$324.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$455.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $8M |
| EBIT | -$7M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$587.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $329.0K |
| NET CASH FROM FINANCING | $329.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $51M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $45M |
| Goodwill | $201M |
| Intangible Assets | $152M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $553M |
| Account Payables | $28M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $128M |
| Common Stock | $380.0K |
| Additional Paid-In Capital | $587M |
| Retained Earnings | -$158M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $424M |
| Minority Interest | $0 |
| TOTAL EQUITY | $424M |
| TOTAL LIABILITIES & EQUITY | $553M |
| Total Debt | $34M |
| Net Debt | $5M |
