| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $156M | $60M | 6.7% | 179.4% |
| Op. Income | -$83M | -$76M | -$15M | -9.3% | -443.8% |
| Gross Margin | 77.6% | 78.0% | 74.2% | -0.4pp | 3.5pp |
| Net Margin | -52.0% | -51.4% | -44.7% | -0.5pp | -7.2pp |
| EPS (Diluted) | $-0.84 | $-0.78 | $-0.33 | -7.7% | -154.5% |
| Free Cash Flow | $23M | -$16M | -$5M | 241.6% | 522.9% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $130M |
| R&D Expenses | $60M |
| Selling & Marketing | $81M |
| General & Administrative | $60M |
| SG&A Expenses | $141M |
| Other Expenses | $12M |
| Operating Expenses | $213M |
| Cost & Expenses | $250M |
| OPERATING INCOME | -$83M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$88M |
| Income Tax Expense | -$879.0K |
| Net Income from Continuing Ops | -$87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$87M |
| D&A | $23M |
| EBIT | -$85M |
| EBITDA | -$62M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$87M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | -$869.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$724M |
| Sales/Maturities of Investments | $647M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$323M |
| NET CASH FROM FINANCING | -$323M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$403M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $264M |
| Inventory | $0 |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $132M |
| Goodwill | $2.4B |
| Intangible Assets | $452M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $9M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $610M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $724M |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $1.9B |
| Net Debt | $220M |
