| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | $320M | $272M | -7.3% | 8.9% |
| Op. Income | $21M | $36M | $29M | -41.2% | -26.7% |
| Gross Margin | 66.2% | 68.0% | 78.1% | -1.8pp | -11.9pp |
| Net Margin | 8.0% | 13.5% | 10.7% | -5.6pp | -2.7pp |
| EPS (Diluted) | $0.22 | $0.41 | $0.27 | -46.3% | -18.5% |
| Free Cash Flow | $19M | $93M | $112M | -80.1% | -83.4% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $196M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $88M |
| SG&A Expenses | $123M |
| Other Expenses | $52M |
| Operating Expenses | $175M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $21M |
| Interest Income | $174M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $12M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $196M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $88M |
| SG&A Expenses | $123M |
| Other Expenses | $52M |
| Operating Expenses | $175M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $21M |
| Interest Income | $174M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $12M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $346M |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $200M |
| Goodwill | $76M |
| Intangible Assets | $16M |
| Long-Term Investments | $5.7B |
| Tax Assets | $174M |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $98M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $210M |
| Net Debt | -$847M |
