| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $175M | $149M | 5.6% | 23.9% |
| Op. Income | -$14M | -$13M | -$13M | -8.7% | -9.5% |
| Gross Margin | 75.5% | 77.9% | 79.3% | -2.4pp | -3.8pp |
| Net Margin | -11.6% | -10.7% | -7.4% | -0.9pp | -4.2pp |
| EPS (Diluted) | $-0.19 | $-0.17 | $-0.10 | -11.8% | -90.0% |
| Free Cash Flow | $27M | $32M | $19M | -15.3% | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $139M |
| R&D Expenses | $37M |
| Selling & Marketing | $91M |
| General & Administrative | $25M |
| SG&A Expenses | $117M |
| Other Expenses | $123.0K |
| Operating Expenses | $153M |
| Cost & Expenses | $199M |
| OPERATING INCOME | -$14M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $4M |
| 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 | $6M |
| EBIT | -$10M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $621.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $226.0K |
| Purchases of Investments | -$86M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$937.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $123.0K |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $267M |
| Net Receivables | $187M |
| Inventory | $0 |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $857M |
| PP&E (Net) | $85M |
| Goodwill | $317M |
| Intangible Assets | $75M |
| Long-Term Investments | $15M |
| Tax Assets | -$15M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $582M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $502M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $584M |
| Long-Term Debt | $362M |
| Deferred Revenue NC | $162M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $585M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$747M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271M |
| Minority Interest | $0 |
| TOTAL EQUITY | $271M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $420M |
| Net Debt | $120M |
