| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $158M | $135M | 4.4% | 22.1% |
| Op. Income | -$54M | -$43M | -$41M | -25.1% | -32.1% |
| Gross Margin | 55.2% | 56.4% | 52.7% | -1.2pp | 2.6pp |
| Net Margin | -31.5% | -29.5% | -30.6% | -2.1pp | -1.0pp |
| EPS (Diluted) | $-0.36 | $-0.33 | $-0.36 | -9.1% | 0.0% |
| Free Cash Flow | -$34M | -$19M | -$2M | -85.3% | -2095.5% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $91M |
| R&D Expenses | $30M |
| Selling & Marketing | $89M |
| General & Administrative | $27M |
| SG&A Expenses | $115M |
| Other Expenses | -$257.0K |
| Operating Expenses | $145M |
| Cost & Expenses | $219M |
| OPERATING INCOME | -$54M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $6M |
| EBIT | -$54M |
| EBITDA | -$48M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$92M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$89M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $152M |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $615M |
| PP&E (Net) | $18M |
| Goodwill | $13M |
| Intangible Assets | $37M |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $738M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $274M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $387M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $464.0K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $952M |
| Retained Earnings | -$612M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$233.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $339M |
| Minority Interest | $0 |
| TOTAL EQUITY | $339M |
| TOTAL LIABILITIES & EQUITY | $738M |
| Total Debt | $14M |
| Net Debt | -$300M |
