| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $7M | 4.0% | 36.3% |
| Op. Income | -$6M | -$6M | -$8M | -2.8% | 30.3% |
| Gross Margin | 85.8% | 83.2% | 88.2% | 2.6pp | -2.5pp |
| Net Margin | -56.6% | -61.5% | -122.2% | 4.8pp | 65.6pp |
| EPS (Diluted) | $-0.31 | $-0.35 | $-0.25 | 11.4% | -24.0% |
| Free Cash Flow | -$4M | -$3M | -$5M | -21.5% | 28.1% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $8M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | -$1M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$6M |
| Interest Income | $8.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $579.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$5M |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $130.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $130.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $290.0K |
| Change in Working Capital | $281.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$90.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$20.0K |
| NET CASH FROM INVESTING | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $899.0K |
| NET CASH FROM FINANCING | $899.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $61M |
| Net Receivables | $5M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $465.0K |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $98M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $456.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $698.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | -$263M |
| Accum. Other Comp. Income | $8M |
| Other Equity | -$127.0K |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $918.0K |
| Net Debt | -$17M |
