| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $67M | — | 70.5% | — |
| Op. Income | -$6M | -$8M | — | 22.3% | — |
| Gross Margin | 73.5% | 87.0% | — | -13.4pp | — |
| Net Margin | -7.9% | -11.8% | — | 4.0pp | — |
| EPS (Diluted) | $-0.08 | $-0.07 | — | -13.3% | — |
| Free Cash Flow | $5M | $34M | — | -84.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $30M |
| SG&A Expenses | $53M |
| Other Expenses | $38M |
| Operating Expenses | $91M |
| Cost & Expenses | $121M |
| OPERATING INCOME | -$6M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$553.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $8M |
| EBIT | -$4M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $283M |
| Net Receivables | $32M |
| Inventory | $10.0K |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $563M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $698M |
| Long-Term Investments | $33M |
| Tax Assets | $21M |
| Other Non-Current Assets | $796.0K |
| TOTAL NON-CURRENT ASSETS | $772M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $63M |
| Short-Term Debt | $3M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $211M |
| Deferred Revenue NC | $47.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $434M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $900M |
| Minority Interest | $2M |
| TOTAL EQUITY | $902M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $213M |
| Net Debt | $35M |
