| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $110M | $103M | 33.2% | 41.9% |
| Op. Income | -$9M | -$19M | -$3M | 51.8% | -215.8% |
| Gross Margin | 77.9% | 71.7% | 72.9% | 6.2pp | 5.0pp |
| Net Margin | -6.6% | -18.1% | -4.6% | 11.5pp | -2.1pp |
| EPS (Diluted) | $-0.10 | $-0.21 | $-0.05 | 52.4% | -93.4% |
| Free Cash Flow | $9M | $13M | $22M | -30.6% | -59.7% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $114M |
| R&D Expenses | $50M |
| Selling & Marketing | $45M |
| General & Administrative | $29M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $156M |
| OPERATING INCOME | -$9M |
| Interest Income | $95.0K |
| Interest Expense | $625.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2M |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $5M |
| EBIT | -$9M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $435M |
| Short-Term Investments | $0 |
| Net Receivables | $147M |
| Inventory | $0 |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $665M |
| PP&E (Net) | $41M |
| Goodwill | $289M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $495M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $219M |
| Other Current Liabilities | $477M |
| TOTAL CURRENT LIABILITIES | $702M |
| Long-Term Debt | $414M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $443M |
| TOTAL LIABILITIES | $756M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $482M |
| TOTAL STOCKHOLDERS' EQUITY | $404M |
| Minority Interest | $0 |
| TOTAL EQUITY | $404M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $414M |
| Net Debt | -$21M |
