| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $68M | $54M | 6.3% | 33.5% |
| Op. Income | -$25M | -$28M | -$22M | 12.8% | -13.6% |
| Gross Margin | 83.2% | 82.3% | 85.7% | 1.0pp | -2.5pp |
| Net Margin | -36.7% | -43.9% | -38.3% | 7.2pp | 1.6pp |
| EPS (Diluted) | $-0.31 | $-0.35 | $-0.26 | 11.4% | -19.2% |
| Free Cash Flow | $2M | -$13M | $5M | 113.8% | -60.6% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $60M |
| R&D Expenses | $25M |
| Selling & Marketing | $40M |
| General & Administrative | $20M |
| SG&A Expenses | $60M |
| Other Expenses | -$729.0K |
| Operating Expenses | $85M |
| Cost & Expenses | $97M |
| OPERATING INCOME | -$25M |
| Interest Income | $705.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $150.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $7M |
| EBIT | -$25M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$869.0K |
| Acquisitions (Net) | $784.0K |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$784.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $360M |
| Short-Term Investments | $186M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $36M |
| Goodwill | $72M |
| Intangible Assets | $24M |
| Long-Term Investments | $186M |
| Tax Assets | -$163M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $782M |
| Account Payables | $10M |
| Short-Term Debt | $6M |
| Deferred Revenue | $137M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $281M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $509M |
| Common Stock | $0 |
| Additional Paid-In Capital | $594M |
| Retained Earnings | -$320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$191.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $0 |
| TOTAL EQUITY | $273M |
| TOTAL LIABILITIES & EQUITY | $782M |
| Total Debt | $309M |
| Net Debt | -$51M |
