| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $288M | $222M | 4.9% | 35.7% |
| Op. Income | $52M | $52M | $24M | 0.6% | 115.3% |
| Gross Margin | 83.7% | 83.2% | 81.8% | 0.4pp | 1.9pp |
| Net Margin | 7.7% | 6.2% | 65.2% | 1.5pp | -57.5pp |
| EPS (Diluted) | $0.06 | $0.04 | $0.36 | 50.0% | -83.3% |
| Free Cash Flow | $114M | $78M | $64M | 45.8% | 79.1% |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $252M |
| R&D Expenses | $56M |
| Selling & Marketing | $104M |
| General & Administrative | $35M |
| SG&A Expenses | $139M |
| Other Expenses | $6M |
| Operating Expenses | $200M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $47M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $76M |
| 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 | $23M |
| EBIT | $112M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $252M |
| R&D Expenses | $56M |
| Selling & Marketing | $104M |
| General & Administrative | $35M |
| SG&A Expenses | $139M |
| Other Expenses | $6M |
| Operating Expenses | $200M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $47M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $76M |
| 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 | $23M |
| EBIT | $112M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $128M |
| Net Receivables | $229M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $832M |
| PP&E (Net) | $115M |
| Goodwill | $1.7B |
| Intangible Assets | $396M |
| Long-Term Investments | $0 |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $417M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $573M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $1.3B |
| Net Debt | $896M |
