| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $207M | $231M | 12.8% | 1.3% |
| Op. Income | $1M | -$3M | -$120M | 138.4% | 101.1% |
| Gross Margin | 48.8% | 50.4% | 37.0% | -1.6pp | 11.8pp |
| Net Margin | 8.8% | -8.9% | -41.8% | 17.7pp | 50.5pp |
| EPS (Diluted) | $0.12 | $-0.12 | $-0.65 | 200.0% | 118.5% |
| Free Cash Flow | $16M | -$25M | $8M | 163.4% | 84.9% |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $114M |
| R&D Expenses | $51M |
| Selling & Marketing | $38M |
| General & Administrative | $13M |
| SG&A Expenses | $51M |
| Other Expenses | $11M |
| Operating Expenses | $113M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $1M |
| Interest Income | $68.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | -$402.0K |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $820.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$510.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $908.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $267M |
| Inventory | $75M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $90M |
| Goodwill | $301M |
| Intangible Assets | $295M |
| Long-Term Investments | $12M |
| Tax Assets | $54M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $778M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $96M |
| Short-Term Debt | $20M |
| Deferred Revenue | $114M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $330M |
| Long-Term Debt | $306M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $407M |
| TOTAL LIABILITIES | $737M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $518M |
| Minority Interest | $0 |
| TOTAL EQUITY | $518M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $388M |
| Net Debt | $321M |
