| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $372M | $360M | -14.9% | -12.0% |
| Op. Income | -$60M | $7M | -$12M | -963.0% | -420.3% |
| Gross Margin | 39.2% | 47.3% | 46.4% | -8.1pp | -7.2pp |
| Net Margin | -20.3% | -0.2% | -2.4% | -20.1pp | -17.8pp |
| EPS (Diluted) | $-0.50 | $-0.00 | $-0.07 | -10538.3% | -615.3% |
| Free Cash Flow | -$125M | -$16M | -$4M | -682.5% | -2842.8% |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $124M |
| R&D Expenses | $67M |
| Selling & Marketing | $73M |
| General & Administrative | $44M |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $184M |
| Cost & Expenses | $376M |
| OPERATING INCOME | -$60M |
| Interest Income | $1M |
| Interest Expense | $168.0K |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $11M |
| EBIT | -$67M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$270.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | -$104M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | -$125M |
| Net Change in Cash | -$165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $454M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $867M |
| PP&E (Net) | $114M |
| Goodwill | $77M |
| Intangible Assets | $91M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $336M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $131M |
| TOTAL CURRENT LIABILITIES | $536M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $846.0K |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $628M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $617M |
| Retained Earnings | -$3M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $561M |
| Minority Interest | $0 |
| TOTAL EQUITY | $561M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $36M |
| Net Debt | -$239M |
