| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $136M | $115M | 4.2% | 23.7% |
| Op. Income | -$56M | -$36M | -$47M | -54.1% | -18.0% |
| Gross Margin | 61.8% | 64.2% | 62.0% | -2.4pp | -0.2pp |
| Net Margin | -36.4% | -26.4% | -41.5% | -10.0pp | 5.2pp |
| EPS (Diluted) | $-0.35 | $-0.25 | $-0.34 | -40.0% | -2.9% |
| Free Cash Flow | -$8M | $1M | -$2M | -701.1% | -313.4% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $88M |
| R&D Expenses | $43M |
| Selling & Marketing | $62M |
| General & Administrative | $29M |
| SG&A Expenses | $91M |
| Other Expenses | $10M |
| Operating Expenses | $144M |
| Cost & Expenses | $198M |
| OPERATING INCOME | -$56M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $5M |
| EBIT | -$46M |
| EBITDA | -$41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$306M |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | -$82.0K |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $85.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $460M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $948M |
| Account Payables | $90M |
| Short-Term Debt | $9M |
| Deferred Revenue | $116M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$664M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$718.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $695M |
| Minority Interest | $0 |
| TOTAL EQUITY | $695M |
| TOTAL LIABILITIES & EQUITY | $948M |
| Total Debt | $14M |
| Net Debt | -$306M |
