| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $189M | $154M | 4.7% | 28.5% |
| Op. Income | -$22M | -$22M | -$19M | 0.1% | -14.4% |
| Gross Margin | 52.6% | 53.4% | 56.5% | -0.9pp | -3.9pp |
| Net Margin | -11.7% | -12.5% | -13.3% | 0.8pp | 1.6pp |
| EPS (Diluted) | $-0.33 | $-0.34 | $-0.30 | 2.9% | -10.0% |
| Free Cash Flow | $18M | -$25M | -$14M | 171.3% | 229.9% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $104M |
| R&D Expenses | $34M |
| Selling & Marketing | $67M |
| General & Administrative | $24M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $126M |
| Cost & Expenses | $220M |
| OPERATING INCOME | -$22M |
| Interest Income | $982.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$897.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $579.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $14M |
| EBIT | -$21M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $22.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $107M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$23.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $448M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $742M |
| PP&E (Net) | $147M |
| Goodwill | $165M |
| Intangible Assets | $31M |
| Long-Term Investments | $2M |
| Tax Assets | $5M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $465M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $21M |
| Short-Term Debt | $176.0K |
| Deferred Revenue | $54M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $737M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $786M |
| TOTAL LIABILITIES | $937M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $583M |
| Retained Earnings | -$309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $269M |
| Minority Interest | $0 |
| TOTAL EQUITY | $269M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $790M |
| Net Debt | $661M |
