| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $124M | $83M | 10.6% | 64.9% |
| Op. Income | -$28M | -$46M | -$29M | 38.9% | 3.3% |
| Gross Margin | 87.0% | 86.5% | 87.7% | 0.5pp | -0.7pp |
| Net Margin | -16.8% | -36.9% | -34.7% | 20.1pp | 17.9pp |
| EPS (Diluted) | $-0.51 | $-1.01 | $-0.65 | 49.5% | 21.5% |
| Free Cash Flow | $14M | -$19M | $180.0K | 172.3% | 7655.0% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $119M |
| R&D Expenses | $34M |
| Selling & Marketing | $91M |
| General & Administrative | $22M |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $147M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$28M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $3M |
| EBIT | -$21M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$732.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$18.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $853M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $890M |
| PP&E (Net) | $120M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $176.0K |
| TOTAL NON-CURRENT ASSETS | $121M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $189M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $359M |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $652M |
| Minority Interest | $0 |
| TOTAL EQUITY | $652M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $84M |
| Net Debt | -$769M |
