| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $877M | $685M | $847M | 28.1% | 3.6% |
| Op. Income | $6M | -$69M | $179M | 108.5% | -96.7% |
| Gross Margin | 78.9% | 73.3% | 83.3% | 5.6pp | -4.4pp |
| Net Margin | 2.0% | -9.5% | 20.6% | 11.5pp | -18.6pp |
| EPS (Diluted) | $0.03 | $-0.10 | $0.25 | 126.6% | -89.6% |
| Free Cash Flow | $57M | $69M | $208M | -17.6% | -72.5% |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $692M |
| R&D Expenses | $265M |
| Selling & Marketing | $317M |
| General & Administrative | $104M |
| SG&A Expenses | $421M |
| Other Expenses | $0 |
| Operating Expenses | $686M |
| Cost & Expenses | $871M |
| OPERATING INCOME | $6M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $20M |
| EBIT | $23M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $692M |
| R&D Expenses | $265M |
| Selling & Marketing | $317M |
| General & Administrative | $104M |
| SG&A Expenses | $421M |
| Other Expenses | $0 |
| Operating Expenses | $686M |
| Cost & Expenses | $871M |
| OPERATING INCOME | $6M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $20M |
| EBIT | $23M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $170M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$124M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $86M |
| Purchases of Investments | -$340M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $682M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $266M |
| Goodwill | $100M |
| Intangible Assets | $25M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $408M |
| TOTAL ASSETS | $3.9B |
| Account Payables | $88M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $194M |
| TOTAL CURRENT LIABILITIES | $381M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $581M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $229M |
| Net Debt | -$1.4B |
