| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $71M | $63M | 9.1% | 23.2% |
| Op. Income | -$83M | -$32M | -$13M | -161.8% | -557.3% |
| Gross Margin | 57.4% | 58.8% | 69.5% | -1.3pp | -12.1pp |
| Net Margin | -109.2% | -38.5% | -8.1% | -70.7pp | -101.1pp |
| EPS (Diluted) | $-0.86 | $-0.27 | $-0.05 | -218.5% | -1544.4% |
| Free Cash Flow | -$9M | $11M | -$9M | -182.3% | 5.6% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $44M |
| R&D Expenses | $14M |
| Selling & Marketing | $31M |
| General & Administrative | $25M |
| SG&A Expenses | $56M |
| Other Expenses | $57M |
| Operating Expenses | $127M |
| Cost & Expenses | $160M |
| OPERATING INCOME | -$83M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$84M |
| Income Tax Expense | -$22.0K |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $9M |
| EBIT | -$82M |
| EBITDA | -$74M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $260M |
| Short-Term Investments | $7M |
| Net Receivables | $341M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $646M |
| PP&E (Net) | $16M |
| Goodwill | $228M |
| Intangible Assets | $112M |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $427M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $7M |
| Short-Term Debt | $6M |
| Deferred Revenue | $278M |
| Other Current Liabilities | $176M |
| TOTAL CURRENT LIABILITIES | $504M |
| Long-Term Debt | $425M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $454M |
| TOTAL LIABILITIES | $957M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | -$543M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $115M |
| Minority Interest | $0 |
| TOTAL EQUITY | $115M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $434M |
| Net Debt | $174M |
