| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $48M | $35M | -14.6% | 17.0% |
| Op. Income | -$22M | -$27M | -$26M | 16.5% | 14.0% |
| Gross Margin | 9.7% | 2.5% | -9.1% | 7.2pp | 18.8pp |
| Net Margin | -52.7% | -54.6% | -74.9% | 1.9pp | 22.1pp |
| EPS (Diluted) | $-0.11 | $-0.13 | $-0.14 | 15.4% | 21.4% |
| Free Cash Flow | $700.0K | -$45M | -$29M | 101.6% | 102.4% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $4M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $14M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $63M |
| OPERATING INCOME | -$22M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $347.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $1M |
| EBIT | -$22M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $169.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$311.0K |
| Acquisitions (Net) | -$723.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$276.0K |
| NET CASH FROM FINANCING | -$276.0K |
| FREE CASH FLOW | $700.0K |
| Net Change in Cash | $296.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $76M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $378M |
| PP&E (Net) | $6M |
| Goodwill | $117M |
| Intangible Assets | $31M |
| Long-Term Investments | $247.0K |
| Tax Assets | -$247.0K |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $561M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $80M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $197M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $615M |
| Retained Earnings | -$251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$176.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $561M |
| Total Debt | $0 |
| Net Debt | -$210M |
