| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $23M | $21M | 8.4% | 16.8% |
| Op. Income | -$12M | -$16M | $19M | 24.1% | -161.4% |
| Gross Margin | 14.1% | 39.7% | 87.1% | -25.6pp | -73.1pp |
| Net Margin | -37.0% | -64.1% | 70.2% | 27.1pp | -107.2pp |
| EPS (Diluted) | $-0.40 | $-0.64 | $0.89 | 37.5% | -144.9% |
| Free Cash Flow | -$4M | -$12M | -$6M | 63.8% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $256.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $8M |
| Operating Expenses | $15M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$12M |
| Interest Income | $25M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $3M |
| EBIT | -$12M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $740.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$59.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$122M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | $231M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$99M |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $130M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $51M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.0B |
| Tax Assets | $16M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $517M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $565M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | $93M |
| Treasury Stock | -$2.0K |
| Accum. Other Comp. Income | -$18M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $493M |
| Minority Interest | $0 |
| TOTAL EQUITY | $493M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $552M |
| Net Debt | $496M |
