| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $153M | $82M | -4.0% | 77.9% |
| Op. Income | -$114M | -$79M | -$43M | -44.9% | -164.0% |
| Gross Margin | 47.5% | 51.7% | 53.3% | -4.2pp | -5.8pp |
| Net Margin | -78.1% | -42.9% | -51.0% | -35.2pp | -27.1pp |
| EPS (Diluted) | $-0.77 | $-0.44 | $-0.34 | -75.0% | -126.5% |
| Free Cash Flow | -$13M | -$53M | -$24M | 75.2% | 45.9% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $70M |
| R&D Expenses | $37M |
| Selling & Marketing | $67M |
| General & Administrative | $28M |
| SG&A Expenses | $96M |
| Other Expenses | $51M |
| Operating Expenses | $184M |
| Cost & Expenses | $260M |
| OPERATING INCOME | -$114M |
| Interest Income | $2M |
| Interest Expense | $674.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$115M |
| D&A | $30M |
| EBIT | -$112M |
| EBITDA | -$82M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$115M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $21.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$199.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $149.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $954M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $8M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $42M |
| Goodwill | $2.1B |
| Intangible Assets | $410M |
| Long-Term Investments | $0 |
| Tax Assets | $154.0K |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $65M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$926M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $61M |
| Net Debt | -$893M |
