| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $106M | $83M | 32.5% | 69.1% |
| Op. Income | -$35M | -$53M | -$22M | 34.0% | -58.2% |
| Gross Margin | 39.9% | 38.7% | 39.5% | 1.3pp | 0.4pp |
| Net Margin | -20.4% | -61.2% | -27.2% | 40.8pp | 6.8pp |
| EPS (Diluted) | $-0.18 | $-0.41 | $-0.15 | 56.1% | -20.0% |
| Free Cash Flow | $60M | -$6M | $22M | 1176.0% | 178.0% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $56M |
| R&D Expenses | $24M |
| Selling & Marketing | $53M |
| General & Administrative | $15M |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $175M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $217.0K |
| Other Income/Expenses | -$217.0K |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $7M |
| EBIT | -$35M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$370.0K |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $22M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $142.0K |
| NET CASH FROM FINANCING | $142.0K |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $63M |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $30M |
| Goodwill | $368M |
| Intangible Assets | $98M |
| Long-Term Investments | $286M |
| Tax Assets | $171.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $788M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $234M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$323M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $20M |
| Net Debt | -$145M |
