| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | -12.6% | 63.5% |
| Op. Income | $9M | -$20M | -$22M | 146.3% | 141.9% |
| Gross Margin | -81.9% | -59.8% | -116.0% | -22.1pp | 34.0pp |
| Net Margin | -2103.0% | -784.5% | -1689.8% | -1318.6pp | -413.2pp |
| EPS (Diluted) | $-0.86 | $-0.37 | $-0.44 | -132.4% | -95.5% |
| Free Cash Flow | -$13M | -$10M | -$25M | -28.5% | 49.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $7M |
| Selling & Marketing | $1M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | -$231.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $113.0K |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $3M |
| EBIT | -$26M |
| EBITDA | -$43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | $216.0K |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $174.0K |
| NET CASH FROM FINANCING | $174.0K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $39M |
| Net Receivables | $977.0K |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $45M |
| Goodwill | $7M |
| Intangible Assets | $91M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $254M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $182.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $398.0K |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $158.0K |
| Additional Paid-In Capital | $478M |
| Retained Earnings | -$251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | $0 |
| TOTAL EQUITY | $225M |
| TOTAL LIABILITIES & EQUITY | $254M |
| Total Debt | $5M |
| Net Debt | -$34M |
