| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $119M | $102M | -1.5% | 14.8% |
| Op. Income | -$47M | -$48M | -$63M | 2.4% | 25.0% |
| Gross Margin | 51.3% | 52.4% | 47.3% | -1.2pp | 3.9pp |
| Net Margin | -38.0% | -39.1% | -62.8% | 1.1pp | 24.8pp |
| EPS (Diluted) | $-0.36 | $-0.38 | $-0.54 | 5.3% | 33.3% |
| Free Cash Flow | -$17M | -$36M | -$19M | 53.8% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $60M |
| R&D Expenses | $37M |
| Selling & Marketing | $44M |
| General & Administrative | $26M |
| SG&A Expenses | $70M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$47M |
| Interest Income | $4M |
| Interest Expense | $1M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $135.0K |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $17M |
| EBIT | -$43M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $227M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $220M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $348M |
| Short-Term Investments | $198M |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $662M |
| PP&E (Net) | $277M |
| Goodwill | $670M |
| Intangible Assets | $78M |
| Long-Term Investments | $118M |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $125M |
| Long-Term Debt | $705M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $779M |
| TOTAL LIABILITIES | $904M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$746M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $959M |
| Minority Interest | $0 |
| TOTAL EQUITY | $959M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $818M |
| Net Debt | $469M |
