| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $167M | $140M | 5.0% | 25.6% |
| Op. Income | -$23M | -$35M | -$34M | 32.9% | 32.3% |
| Gross Margin | 69.4% | 67.6% | 68.9% | 1.8pp | 0.4pp |
| Net Margin | -16.3% | -23.7% | -26.9% | 7.3pp | 10.6pp |
| EPS (Diluted) | $-0.49 | $-0.68 | $-0.67 | 27.9% | 26.9% |
| Free Cash Flow | $14M | -$1M | $17M | 1232.5% | -17.6% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $122M |
| R&D Expenses | $49M |
| Selling & Marketing | $76M |
| General & Administrative | $21M |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $145M |
| Cost & Expenses | $199M |
| OPERATING INCOME | -$23M |
| Interest Income | $498.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $10M |
| EBIT | -$25M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $83M |
| Net Receivables | $121M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $439M |
| PP&E (Net) | $140M |
| Goodwill | $516M |
| Intangible Assets | $104M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $856M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $392M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $487M |
| Long-Term Debt | $815M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $951M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $592.0K |
| Additional Paid-In Capital | $718M |
| Retained Earnings | -$849M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$142M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$142M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $917M |
| Net Debt | $749M |
