| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $424M | $412M | $451M | 3.0% | -6.0% |
| Op. Income | -$48M | $83M | $117M | -158.2% | -141.2% |
| Gross Margin | 96.2% | 96.3% | 97.1% | -0.0pp | -0.9pp |
| Net Margin | -7.1% | 17.8% | 21.1% | -24.9pp | -28.2pp |
| EPS (Diluted) | $-0.09 | $0.23 | $0.29 | -140.6% | -132.2% |
| Free Cash Flow | -$39M | $102M | $80M | -138.0% | -148.2% |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $408M |
| R&D Expenses | $337M |
| Selling & Marketing | $42M |
| General & Administrative | $78M |
| SG&A Expenses | $119M |
| Other Expenses | -$337.0K |
| Operating Expenses | $456M |
| Cost & Expenses | $472M |
| OPERATING INCOME | -$48M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $6M |
| EBIT | -$48M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$60M |
| Other Non-Cash Items | $106M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | $138M |
| Purchases of Investments | -$371M |
| Sales/Maturities of Investments | $238M |
| Other Investing Activities | -$138M |
| NET CASH FROM INVESTING | -$246M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $501M |
| Short-Term Investments | $807M |
| Net Receivables | $215M |
| Inventory | $33M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $345M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $757M |
| Tax Assets | $231M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $324M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $259M |
| TOTAL LIABILITIES | $583M |
| Common Stock | $324.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $190M |
| Net Debt | -$311M |
