| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $32M | — | 17.2% | — |
| Op. Income | -$57M | -$28M | — | -102.1% | — |
| Gross Margin | 37.5% | 34.4% | — | 3.1pp | — |
| Net Margin | -123.7% | -131.0% | — | 7.3pp | — |
| EPS (Diluted) | $-0.26 | $-0.88 | — | 70.5% | — |
| Free Cash Flow | -$27M | -$16M | — | -76.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $14M |
| R&D Expenses | $27M |
| Selling & Marketing | $19M |
| General & Administrative | $25M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$57M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $11M |
| EBIT | -$44M |
| EBITDA | -$32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $183.0K |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$144.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $475M |
| NET CASH FROM FINANCING | $470M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $432M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $552M |
| PP&E (Net) | $133M |
| Goodwill | $103M |
| Intangible Assets | $25M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $270M |
| TOTAL ASSETS | $821M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $173M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$777M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $648M |
| Minority Interest | $0 |
| TOTAL EQUITY | $648M |
| TOTAL LIABILITIES & EQUITY | $821M |
| Total Debt | $0 |
| Net Debt | -$491M |
