| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $24M | $27M | -38.5% | -46.8% |
| Op. Income | -$15M | -$4M | -$18M | -250.6% | 14.7% |
| Gross Margin | 9.4% | 42.4% | 36.8% | -33.0pp | -27.4pp |
| Net Margin | -100.3% | -19.1% | -41.8% | -81.2pp | -58.5pp |
| EPS (Diluted) | $-0.28 | $-0.09 | $-0.22 | -228.3% | -27.3% |
| Free Cash Flow | -$9M | -$13M | -$32M | 30.4% | 72.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$15M |
| Interest Income | $740.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $202.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $10M |
| EBIT | -$15M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$218.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $178.0K |
| NET CASH FROM FINANCING | -$40.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $15M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $69M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $539.0K |
| TOTAL NON-CURRENT ASSETS | $85M |
| TOTAL ASSETS | $154M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $879.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $359M |
| Retained Earnings | -$241M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $154M |
| Total Debt | $5M |
| Net Debt | -$35M |
