| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $162M | $144M | -0.4% | 12.2% |
| Op. Income | -$5M | -$4M | -$14M | -44.2% | 61.0% |
| Gross Margin | 65.3% | 66.7% | 64.7% | -1.4pp | 0.6pp |
| Net Margin | -12.9% | -11.0% | -9.3% | -1.9pp | -3.6pp |
| EPS (Diluted) | $-0.11 | $-0.09 | $-0.07 | -19.4% | -61.5% |
| Free Cash Flow | $8M | $23M | $8M | -65.5% | -7.3% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $105M |
| R&D Expenses | $19M |
| Selling & Marketing | $31M |
| General & Administrative | $35M |
| SG&A Expenses | $66M |
| Other Expenses | $26M |
| Operating Expenses | $110M |
| Cost & Expenses | $166M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $299.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $26M |
| EBIT | -$5M |
| EBITDA | $21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$177.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $609.0K |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $163M |
| PP&E (Net) | $11M |
| Goodwill | $914M |
| Intangible Assets | $418M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $530M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $582M |
| TOTAL LIABILITIES | $688M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$595M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $863M |
| Minority Interest | $0 |
| TOTAL EQUITY | $863M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $535M |
| Net Debt | $466M |
