| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $145M | $132M | 1.2% | 11.1% |
| Op. Income | -$32M | -$27M | -$18M | -19.9% | -84.9% |
| Gross Margin | 45.2% | 46.2% | 45.1% | -1.0pp | 0.1pp |
| Net Margin | -22.1% | -19.2% | -19.2% | -2.9pp | -2.9pp |
| EPS (Diluted) | $-0.56 | $-0.48 | $-0.45 | -16.7% | -24.4% |
| Free Cash Flow | $43M | -$4M | $36M | 1316.9% | 19.6% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $66M |
| R&D Expenses | $34M |
| Selling & Marketing | $29M |
| General & Administrative | $31M |
| SG&A Expenses | $59M |
| Other Expenses | $5M |
| Operating Expenses | $99M |
| Cost & Expenses | $179M |
| OPERATING INCOME | -$32M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $811.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $735.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $16M |
| EBIT | -$30M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $668.0K |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $234M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $97M |
| Goodwill | $513M |
| Intangible Assets | $146M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $819M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $10M |
| Short-Term Debt | $11M |
| Deferred Revenue | $117M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $658M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $739M |
| TOTAL LIABILITIES | $931M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $982M |
| Retained Earnings | -$560M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $419M |
| Minority Interest | $0 |
| TOTAL EQUITY | $419M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $733M |
| Net Debt | $534M |
