| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $92M | — | 2.8% | — |
| Op. Income | -$12M | -$18M | — | 31.8% | — |
| Gross Margin | 67.4% | 69.0% | — | -1.6pp | — |
| Net Margin | -12.1% | -19.7% | — | 7.6pp | — |
| EPS (Diluted) | $-0.01 | $-0.28 | — | 96.4% | — |
| Free Cash Flow | $9M | $2M | — | 353.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $64M |
| R&D Expenses | $25M |
| Selling & Marketing | $32M |
| General & Administrative | $18M |
| SG&A Expenses | $51M |
| Other Expenses | $216.0K |
| Operating Expenses | $76M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $39.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$795.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $5M |
| EBIT | -$12M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$460.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $500.0K |
| Sales/Maturities of Investments | -$500.0K |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $34M |
| Goodwill | $279M |
| Intangible Assets | $43M |
| Long-Term Investments | $104.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $386M |
| TOTAL ASSETS | $629M |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $191M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $259M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $288M |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | -$455M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $341M |
| Minority Interest | $0 |
| TOTAL EQUITY | $341M |
| TOTAL LIABILITIES & EQUITY | $629M |
| Total Debt | $21M |
| Net Debt | -$110M |
