| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $152M | $137M | 3.5% | 14.8% |
| Op. Income | -$38M | -$37M | -$35M | -1.2% | -6.7% |
| Gross Margin | 61.9% | 60.8% | 55.8% | 1.1pp | 6.1pp |
| Net Margin | -27.8% | -27.9% | -29.4% | 0.2pp | 1.7pp |
| EPS (Diluted) | $-0.38 | $-0.38 | $-0.38 | 0.0% | 0.0% |
| Free Cash Flow | $4M | -$1M | -$9M | 410.6% | 148.3% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $97M |
| R&D Expenses | $28M |
| Selling & Marketing | $77M |
| General & Administrative | $30M |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $135M |
| Cost & Expenses | $194M |
| OPERATING INCOME | -$38M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $87.0K |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $11M |
| EBIT | -$38M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $127.0K |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $45M |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $368M |
| PP&E (Net) | $141M |
| Goodwill | $131M |
| Intangible Assets | $14M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $387M |
| TOTAL ASSETS | $756M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $441M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $517M |
| TOTAL LIABILITIES | $639M |
| Common Stock | $112.0K |
| Additional Paid-In Capital | $843M |
| Retained Earnings | -$721M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $756M |
| Total Debt | $528M |
| Net Debt | $328M |
