| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $137M | $96M | 9.5% | 56.9% |
| Op. Income | -$10M | -$28M | -$32M | 64.2% | 68.0% |
| Gross Margin | 88.4% | 87.0% | 87.7% | 1.4pp | 0.7pp |
| Net Margin | -1.0% | -16.8% | -34.1% | 15.8pp | 33.1pp |
| EPS (Diluted) | $-0.03 | $-0.51 | $-0.73 | 93.9% | 95.7% |
| Free Cash Flow | $30M | $14M | $10M | 117.2% | 199.9% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $133M |
| R&D Expenses | $33M |
| Selling & Marketing | $88M |
| General & Administrative | $22M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $160M |
| OPERATING INCOME | -$10M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$656.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$23.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $886M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $924M |
| PP&E (Net) | $115M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $585.0K |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $201M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $298M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $359M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$583M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $680M |
| Minority Interest | $0 |
| TOTAL EQUITY | $680M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $78M |
| Net Debt | -$808M |
