| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $98M | $67M | -4.3% | 40.4% |
| Op. Income | $28M | $36M | $23M | -22.0% | 22.2% |
| Gross Margin | 87.4% | 88.7% | 88.0% | -1.2pp | -0.6pp |
| Net Margin | 39.2% | 56.9% | 32.2% | -17.6pp | 7.0pp |
| EPS (Diluted) | $0.17 | $0.26 | $0.06 | -34.6% | 187.6% |
| Free Cash Flow | $45M | $26M | $37M | 75.2% | 22.4% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $82M |
| R&D Expenses | $17M |
| Selling & Marketing | $26M |
| General & Administrative | $11M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $1M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $82M |
| R&D Expenses | $17M |
| Selling & Marketing | $26M |
| General & Administrative | $11M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $1M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$454.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $685M |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $904M |
| PP&E (Net) | $10M |
| Goodwill | $19M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $49M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $991M |
| Account Payables | $463.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $85M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $78.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $956.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $113M |
| Common Stock | $192.0K |
| Additional Paid-In Capital | $703M |
| Retained Earnings | $191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $879M |
| Minority Interest | $0 |
| TOTAL EQUITY | $879M |
| TOTAL LIABILITIES & EQUITY | $991M |
| Total Debt | $1M |
| Net Debt | -$112M |
