| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $129M | $126M | 7.7% | 10.3% |
| Op. Income | -$26M | -$40M | -$42M | 33.2% | 36.5% |
| Gross Margin | 41.0% | 38.0% | 36.0% | 3.0pp | 5.0pp |
| Net Margin | -16.4% | -28.6% | -33.2% | 12.3pp | 16.9pp |
| EPS (Diluted) | $-0.90 | $-1.50 | $-1.70 | 40.0% | 47.1% |
| Free Cash Flow | -$8M | -$24M | -$32M | 65.9% | 74.1% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $57M |
| R&D Expenses | $7M |
| Selling & Marketing | $17M |
| General & Administrative | $55M |
| SG&A Expenses | $72M |
| Other Expenses | $5M |
| Operating Expenses | $83M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$26M |
| Interest Income | $860.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $859.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$3M |
| 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 | $18M |
| EBIT | -$26M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$52.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $175M |
| Net Receivables | $120M |
| Inventory | $24M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $199M |
| Goodwill | $523M |
| Intangible Assets | $408M |
| Long-Term Investments | $31.0K |
| Tax Assets | -$31.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $535M |
| Deferred Revenue NC | $19.0K |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $652M |
| TOTAL LIABILITIES | $742M |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $998M |
| Minority Interest | $0 |
| TOTAL EQUITY | $998M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $611M |
| Net Debt | $348M |
