| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $230M | $229M | -30.5% | -29.9% |
| Op. Income | -$56M | -$30M | $28M | -88.3% | -301.9% |
| Gross Margin | 98.1% | 99.0% | 99.9% | -0.9pp | -1.8pp |
| Net Margin | -35.1% | -13.0% | 12.7% | -22.1pp | -47.8pp |
| EPS (Diluted) | $-0.69 | $-0.36 | $0.30 | -91.7% | -330.0% |
| Free Cash Flow | -$107M | -$61M | $41M | -75.9% | -363.0% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $93M |
| SG&A Expenses | $149M |
| Other Expenses | $64M |
| Operating Expenses | $213M |
| Cost & Expenses | $216M |
| OPERATING INCOME | -$56M |
| Interest Income | $22M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $12.0K |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $4M |
| EBIT | -$56M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$101M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $62M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | -$107M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $693M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $770M |
| PP&E (Net) | $128M |
| Goodwill | $67M |
| Intangible Assets | $17M |
| Long-Term Investments | $741M |
| Tax Assets | $0 |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $11M |
| Short-Term Debt | $270M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $330M |
| Long-Term Debt | $649M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $118M |
| TOTAL NON-CURRENT LIABILITIES | $866M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $706M |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.0B |
| Net Debt | $326M |
