| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $96M | $111M | 14.4% | -0.8% |
| Op. Income | $2M | -$292.0K | $4M | 801.4% | -50.6% |
| Gross Margin | 39.1% | 36.2% | 39.4% | 2.9pp | -0.3pp |
| Net Margin | -3.1% | -1.1% | -10.0% | -2.0pp | 6.9pp |
| EPS (Diluted) | $-0.04 | $-0.01 | $-0.12 | -228.3% | 69.1% |
| Free Cash Flow | -$6M | -$23M | $6M | 73.5% | -204.1% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $43M |
| R&D Expenses | $15M |
| Selling & Marketing | $14M |
| General & Administrative | $12M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $1M |
| EBIT | $27.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $141.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $102M |
| Inventory | $142M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $29M |
| Goodwill | $58M |
| Intangible Assets | $250.0K |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $473M |
| Account Payables | $31M |
| Short-Term Debt | $9M |
| Deferred Revenue | $101M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $211M |
| TOTAL LIABILITIES | $420M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $543M |
| Retained Earnings | -$493M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $473M |
| Total Debt | $199M |
| Net Debt | $111M |
