| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $241M | $197M | 4.9% | 28.5% |
| Op. Income | $18M | $21M | $21M | -16.9% | -15.5% |
| Gross Margin | 81.0% | 81.5% | 82.0% | -0.5pp | -1.0pp |
| Net Margin | 0.4% | 6.1% | 13.7% | -5.7pp | -13.3pp |
| EPS (Diluted) | $0.00 | $0.05 | $0.09 | -93.6% | -96.4% |
| Free Cash Flow | $82M | $57M | $81M | 45.3% | 1.8% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $205M |
| R&D Expenses | $43M |
| Selling & Marketing | $101M |
| General & Administrative | $35M |
| SG&A Expenses | $137M |
| Other Expenses | $8M |
| Operating Expenses | $187M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$345.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $929.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $929.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $929.0K |
| D&A | $14M |
| EBIT | $20M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $205M |
| R&D Expenses | $43M |
| Selling & Marketing | $101M |
| General & Administrative | $35M |
| SG&A Expenses | $137M |
| Other Expenses | $8M |
| Operating Expenses | $187M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$345.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $929.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $929.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $929.0K |
| D&A | $14M |
| EBIT | $20M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $929.0K |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $463M |
| Short-Term Investments | $0 |
| Net Receivables | $351M |
| Inventory | $0 |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $948M |
| PP&E (Net) | $104M |
| Goodwill | $1.3B |
| Intangible Assets | $106M |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $689M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $866M |
| Long-Term Debt | $274M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $85.0K |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $371M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $286.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$461M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $339M |
| Net Debt | -$124M |
