| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $348M | $311M | -14.5% | -4.3% |
| Op. Income | -$38M | $18M | $12M | -307.7% | -431.0% |
| Gross Margin | 40.9% | 45.7% | 48.0% | -4.8pp | -7.1pp |
| Net Margin | -9.5% | 4.8% | 4.5% | -14.4pp | -14.0pp |
| EPS (Diluted) | $-0.64 | $0.37 | $0.28 | -273.0% | -328.6% |
| Free Cash Flow | $68M | $8M | $49M | 714.0% | 41.0% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $122M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $0 |
| Operating Expenses | $160M |
| Cost & Expenses | $336M |
| OPERATING INCOME | -$38M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $25M |
| EBIT | -$38M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $85M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $330M |
| Short-Term Investments | $11M |
| Net Receivables | $299M |
| Inventory | $148M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $882M |
| PP&E (Net) | $132M |
| Goodwill | $734M |
| Intangible Assets | $324M |
| Long-Term Investments | $33M |
| Tax Assets | $22M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $187M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $428M |
| Long-Term Debt | $567M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $652M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $391M |
| Treasury Stock | -$290M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $617M |
| Net Debt | $286M |
