| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | $242M | — | 0.5% | — |
| Op. Income | $9M | -$147M | — | 106.1% | — |
| Gross Margin | 70.9% | 71.9% | — | -1.0pp | — |
| Net Margin | -0.7% | -45.8% | — | 45.1pp | — |
| EPS (Diluted) | $-0.02 | $-1.23 | — | 98.6% | — |
| Free Cash Flow | $7M | $46M | — | -85.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $172M |
| R&D Expenses | $33M |
| Selling & Marketing | $64M |
| General & Administrative | $50M |
| SG&A Expenses | $113M |
| Other Expenses | $17M |
| Operating Expenses | $163M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $284.0K |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $3.0K |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $17M |
| EBIT | $9M |
| EBITDA | $26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $521M |
| PP&E (Net) | $34M |
| Goodwill | $1.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $9M |
| Short-Term Debt | $6M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $618M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $418M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $712M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $640M |
| Net Debt | $251M |
