| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $46M | $25M | 22.4% | 128.1% |
| Op. Income | -$67M | -$67M | -$30M | -0.3% | -127.0% |
| Gross Margin | 63.7% | 58.9% | 57.9% | 4.7pp | 5.8pp |
| Net Margin | -122.5% | -149.0% | -122.8% | 26.5pp | 0.3pp |
| EPS (Diluted) | $-0.26 | $-0.26 | $-0.14 | 0.0% | -85.7% |
| Free Cash Flow | -$21M | -$45M | -$20M | 52.6% | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $36M |
| R&D Expenses | $35M |
| Selling & Marketing | $41M |
| General & Administrative | $27M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $103M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$67M |
| Interest Income | $99.0K |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$959.0K |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | $262.0K |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $3M |
| EBIT | -$68M |
| EBITDA | -$65M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$69M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $454.0K |
| NET CASH FROM FINANCING | $454.0K |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $378.0K |
| Net Receivables | $69M |
| Inventory | $20M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $48M |
| Goodwill | $108M |
| Intangible Assets | $16M |
| Long-Term Investments | $378.0K |
| Tax Assets | $30M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $208M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $139M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $68M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $302M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $455.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $30M |
| Net Debt | -$1.6B |
