| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $184M | $137M | 4.6% | 40.2% |
| Op. Income | $15M | -$9M | -$6M | 275.3% | 336.7% |
| Gross Margin | 85.9% | 83.4% | 81.3% | 2.5pp | 4.6pp |
| Net Margin | 4.1% | -5.5% | 14.8% | 9.7pp | -10.6pp |
| EPS (Diluted) | $0.02 | $-0.03 | $0.06 | 171.1% | -63.0% |
| Free Cash Flow | -$5M | $36M | -$4M | -115.0% | -32.0% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $165M |
| R&D Expenses | $29M |
| Selling & Marketing | $48M |
| General & Administrative | $27M |
| SG&A Expenses | $75M |
| Other Expenses | $46M |
| Operating Expenses | $150M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $15M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $165M |
| R&D Expenses | $29M |
| Selling & Marketing | $48M |
| General & Administrative | $27M |
| SG&A Expenses | $75M |
| Other Expenses | $46M |
| Operating Expenses | $150M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $15M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$164.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$361M |
| NET CASH FROM FINANCING | -$364M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$417M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $545M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $5.5B |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $30M |
| Goodwill | $20M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $119M |
| TOTAL ASSETS | $6.2B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5.5B |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $674M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$176.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $577M |
| Minority Interest | $0 |
| TOTAL EQUITY | $577M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $32M |
| Net Debt | -$513M |
