| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $129M | $105M | 3.4% | 26.3% |
| Op. Income | -$61M | -$58M | -$56M | -4.0% | -7.5% |
| Gross Margin | 81.1% | 81.2% | 80.7% | -0.1pp | 0.4pp |
| Net Margin | -41.7% | -44.9% | -70.9% | 3.3pp | 29.2pp |
| EPS (Diluted) | $-0.19 | $-0.20 | $-0.28 | 5.0% | 32.1% |
| Free Cash Flow | $4M | -$7M | $3M | 155.8% | 42.5% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $108M |
| R&D Expenses | $35M |
| Selling & Marketing | $95M |
| General & Administrative | $39M |
| SG&A Expenses | $134M |
| Other Expenses | $0 |
| Operating Expenses | $169M |
| Cost & Expenses | $194M |
| OPERATING INCOME | -$61M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $3M |
| EBIT | -$61M |
| EBITDA | -$58M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $5.0K |
| Purchases of Investments | -$310M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $843M |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $57M |
| Goodwill | $6M |
| Intangible Assets | $303.0K |
| Long-Term Investments | $72.0K |
| Tax Assets | $9M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $6M |
| Short-Term Debt | $7M |
| Deferred Revenue | $209M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $328M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $35M |
| Net Debt | -$269M |
