| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $186M | $146M | 8.4% | 38.3% |
| Op. Income | -$75M | -$72M | -$74M | -4.7% | -1.0% |
| Gross Margin | 79.9% | 79.7% | 79.6% | 0.2pp | 0.3pp |
| Net Margin | -35.2% | -38.2% | -34.9% | 3.0pp | -0.3pp |
| EPS (Diluted) | $-0.51 | $-0.52 | $-0.38 | 1.9% | -34.2% |
| Free Cash Flow | $12M | -$6M | -$13M | 289.5% | 192.8% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $161M |
| R&D Expenses | $75M |
| Selling & Marketing | $118M |
| General & Administrative | $43M |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $237M |
| Cost & Expenses | $277M |
| OPERATING INCOME | -$75M |
| Interest Income | $5M |
| Interest Expense | $499.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | -$243.0K |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $17M |
| EBIT | -$71M |
| EBITDA | -$54M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $67.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $86M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$375.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297M |
| Short-Term Investments | $285M |
| Net Receivables | $172M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $799M |
| PP&E (Net) | $118M |
| Goodwill | $539M |
| Intangible Assets | $222M |
| Long-Term Investments | $14M |
| Tax Assets | -$14M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $941M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $14M |
| Short-Term Debt | $11M |
| Deferred Revenue | $397M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $532M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $624M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$949M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $94M |
| Net Debt | -$202M |
