| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $127M | $104M | 6.8% | 30.3% |
| Op. Income | -$36M | -$25M | -$7M | -44.5% | -393.9% |
| Gross Margin | 70.7% | 69.5% | 68.2% | 1.1pp | 2.5pp |
| Net Margin | -27.2% | -23.0% | -13.5% | -4.2pp | -13.7pp |
| EPS (Diluted) | $-0.14 | $-0.11 | $-0.06 | -27.3% | -131.0% |
| Free Cash Flow | -$18M | -$4M | -$10M | -342.8% | -74.1% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $96M |
| R&D Expenses | $16M |
| Selling & Marketing | $82M |
| General & Administrative | $21M |
| SG&A Expenses | $104M |
| Other Expenses | $12M |
| Operating Expenses | $132M |
| Cost & Expenses | $171M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $783.0K |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $3M |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $1M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $234.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$206M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $211M |
| Net Receivables | $167M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $805M |
| PP&E (Net) | $15M |
| Goodwill | $50M |
| Intangible Assets | $9M |
| Long-Term Investments | $42M |
| Tax Assets | -$42M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $920M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $272M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $388M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $404M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $982M |
| Retained Earnings | -$442M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$820.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $516M |
| Minority Interest | $0 |
| TOTAL EQUITY | $516M |
| TOTAL LIABILITIES & EQUITY | $920M |
| Total Debt | $0 |
| Net Debt | -$321M |
