| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $198M | $174M | 5.0% | 20.0% |
| Op. Income | -$13M | -$22M | -$12M | 39.0% | -10.6% |
| Gross Margin | 53.8% | 52.6% | 54.1% | 1.2pp | -0.3pp |
| Net Margin | -6.6% | -11.7% | -2.1% | 5.1pp | -4.5pp |
| EPS (Diluted) | $-0.19 | $-0.33 | $-0.05 | 42.4% | -259.8% |
| Free Cash Flow | $25M | $18M | -$6M | 39.4% | 546.6% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $112M |
| R&D Expenses | $37M |
| Selling & Marketing | $66M |
| General & Administrative | $23M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $222M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $819.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $14M |
| EBIT | -$11M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$185M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$10.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $434M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $779M |
| PP&E (Net) | $145M |
| Goodwill | $165M |
| Intangible Assets | $28M |
| Long-Term Investments | $885.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $466M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $24M |
| Short-Term Debt | $169.0K |
| Deferred Revenue | $58M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $738M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $157.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $784M |
| TOTAL LIABILITIES | $935M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $636M |
| Retained Earnings | -$323M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $791M |
| Net Debt | $610M |
