| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $236M | $176M | 3.5% | 38.6% |
| Op. Income | $13M | $20M | $15M | -34.8% | -10.7% |
| Gross Margin | 51.1% | 50.2% | 51.7% | 0.9pp | -0.6pp |
| Net Margin | 4.9% | 5.7% | 11.3% | -0.8pp | -6.4pp |
| EPS (Diluted) | $0.17 | $0.19 | $0.29 | -10.5% | -41.4% |
| Free Cash Flow | $1M | $3M | $9M | -60.9% | -86.2% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $125M |
| R&D Expenses | $39M |
| Selling & Marketing | $51M |
| General & Administrative | $22M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $13M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $125M |
| R&D Expenses | $39M |
| Selling & Marketing | $51M |
| General & Administrative | $22M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $13M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$613.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $163M |
| Net Receivables | $94M |
| Inventory | $149M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $547M |
| PP&E (Net) | $35M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $167M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $337M |
| TOTAL ASSETS | $885M |
| Account Payables | $41M |
| Short-Term Debt | $11M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $680M |
| Minority Interest | $0 |
| TOTAL EQUITY | $680M |
| TOTAL LIABILITIES & EQUITY | $885M |
| Total Debt | $20M |
| Net Debt | -$59M |
