| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $205M | $202M | -8.6% | -7.2% |
| Op. Income | -$4M | $8M | $5M | -157.9% | -182.7% |
| Gross Margin | 73.8% | 74.9% | 72.8% | -1.1pp | 1.0pp |
| Net Margin | 1.2% | 0.9% | 2.8% | 0.3pp | -1.7pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.04 | 20.5% | -59.2% |
| Free Cash Flow | $56M | $50M | $51M | 11.6% | 10.9% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $138M |
| R&D Expenses | $47M |
| Selling & Marketing | $37M |
| General & Administrative | $59M |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $192M |
| OPERATING INCOME | -$4M |
| Interest Income | $11M |
| Interest Expense | $1M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $26M |
| EBIT | $8M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$497M |
| Sales/Maturities of Investments | $408M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $278M |
| Net Receivables | $22M |
| Inventory | $25M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $231M |
| Goodwill | $623M |
| Intangible Assets | $73M |
| Long-Term Investments | $614M |
| Tax Assets | $164M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $120.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.2B |
| Net Debt | $931M |
