| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | $7M | -7.7% | 1.3% |
| Op. Income | -$13M | -$16M | -$8M | 14.2% | -61.5% |
| Gross Margin | 67.8% | 66.7% | 69.5% | 1.1pp | -1.7pp |
| Net Margin | -172.5% | -190.9% | -115.7% | 18.4pp | -56.8pp |
| EPS (Diluted) | $-0.62 | $-0.76 | $-0.50 | 18.4% | -24.0% |
| Free Cash Flow | -$8M | -$11M | -$8M | 31.7% | 1.9% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $7M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $18M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $170.0K |
| Other Income/Expenses | $894.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $25.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $430.0K |
| Change in Working Capital | $563.0K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$280.0K |
| Acquisitions (Net) | $129.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$129.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$3.0K |
| Common Stock Repurchased | -$796.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $19M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $7M |
| Goodwill | $8M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $114M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $939.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $368M |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $114M |
| Total Debt | $6M |
| Net Debt | -$28M |
