| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $41M | $43M | 7.3% | 3.2% |
| Op. Income | -$11M | -$15M | -$12M | 23.5% | 8.6% |
| Gross Margin | 62.6% | 64.2% | 62.7% | -1.6pp | -0.0pp |
| Net Margin | -33.5% | -47.4% | -37.3% | 13.8pp | 3.7pp |
| EPS (Diluted) | $-0.11 | $-0.15 | $-0.12 | 26.7% | 8.3% |
| Free Cash Flow | -$6M | -$595.0K | -$12M | -949.7% | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $28M |
| R&D Expenses | $14M |
| Selling & Marketing | $51M |
| General & Administrative | -$27M |
| SG&A Expenses | $24M |
| Other Expenses | $354.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$11M |
| Interest Income | $469.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $833.0K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $833.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$400.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$750.0K |
| NET CASH FROM INVESTING | -$553.0K |
| Net Debt Issuance | -$751.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$464.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $41M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $36M |
| Goodwill | $11M |
| Intangible Assets | $1M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $206M |
| Account Payables | $9M |
| Short-Term Debt | $6M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $440M |
| Retained Earnings | -$391M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$301.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $206M |
| Total Debt | $59M |
| Net Debt | $14M |
