| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $169M | $162M | 26.9% | 32.5% |
| Op. Income | -$86M | -$70M | $10M | -22.8% | -955.1% |
| Gross Margin | 98.2% | 97.9% | 97.7% | 0.3pp | 0.5pp |
| Net Margin | -36.5% | -41.3% | 4.0% | 4.8pp | -40.5pp |
| EPS (Diluted) | $-1.11 | $-0.99 | $0.09 | -11.8% | -1325.8% |
| Free Cash Flow | $31M | -$10M | -$11M | 414.3% | 384.7% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $151M |
| General & Administrative | $13M |
| SG&A Expenses | $164M |
| Other Expenses | $133M |
| Operating Expenses | $297M |
| Cost & Expenses | $301M |
| OPERATING INCOME | -$86M |
| Interest Income | $100.5K |
| Interest Expense | $12.9K |
| Other Income/Expenses | $472.3K |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$78M |
| D&A | $2M |
| EBIT | -$85M |
| EBITDA | -$84M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$78M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $117M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $3.5K |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | -$2M |
| Other Investing Activities | $3.5K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$349.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33.9K |
| NET CASH FROM FINANCING | -$315.7K |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $57M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $195.9K |
| TOTAL CURRENT ASSETS | $427M |
| PP&E (Net) | $68M |
| Goodwill | $208M |
| Intangible Assets | $103M |
| Long-Term Investments | $2M |
| Tax Assets | $29.8K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $389M |
| TOTAL ASSETS | $816M |
| Account Payables | $34M |
| Short-Term Debt | $5M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $172M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$647M |
| Treasury Stock | -$342.5K |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $650M |
| Minority Interest | $0 |
| TOTAL EQUITY | $650M |
| TOTAL LIABILITIES & EQUITY | $816M |
| Total Debt | $53M |
| Net Debt | -$213M |
