| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $122M | $146M | 4.0% | -12.9% |
| Op. Income | -$2M | -$566.0K | $10M | -267.7% | -121.5% |
| Gross Margin | 35.9% | 38.2% | 37.8% | -2.3pp | -1.9pp |
| Net Margin | -4.1% | -0.0% | 5.0% | -4.1pp | -9.1pp |
| EPS (Diluted) | $-0.19 | $-0.00 | $0.28 | -21011.1% | -167.9% |
| Free Cash Flow | -$12M | -$7M | $8M | -72.5% | -242.7% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $46M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $5M |
| Operating Expenses | $48M |
| Cost & Expenses | $129M |
| OPERATING INCOME | -$2M |
| Interest Income | $443.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $9M |
| EBIT | -$2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$603.0K |
| Other Non-Cash Items | $885.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $97.0K |
| NET CASH FROM FINANCING | $446.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $96M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $263M |
| PP&E (Net) | $100M |
| Goodwill | $348M |
| Intangible Assets | $247M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $711M |
| TOTAL ASSETS | $974M |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $65M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $403M |
| Common Stock | $4M |
| Additional Paid-In Capital | $625M |
| Retained Earnings | $279M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $572M |
| Minority Interest | $0 |
| TOTAL EQUITY | $572M |
| TOTAL LIABILITIES & EQUITY | $974M |
| Total Debt | $183M |
| Net Debt | $161M |
