| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159M | $157M | $128M | 1.1% | 23.8% |
| Op. Income | -$25M | -$23M | -$8M | -10.4% | -205.9% |
| Gross Margin | 74.5% | 74.0% | 72.7% | 0.5pp | 1.8pp |
| Net Margin | -15.6% | -15.2% | -7.3% | -0.5pp | -8.4pp |
| EPS (Diluted) | $-0.19 | $-0.18 | $-0.07 | -5.6% | -171.4% |
| Free Cash Flow | $7M | -$2M | $20M | 402.5% | -63.0% |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $118M |
| R&D Expenses | $39M |
| Selling & Marketing | $63M |
| General & Administrative | $31M |
| SG&A Expenses | $95M |
| Other Expenses | $10M |
| Operating Expenses | $144M |
| Cost & Expenses | $184M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $655.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $3M |
| EBIT | -$24M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $975.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$167M |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $156M |
| Short-Term Investments | $519M |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $930M |
| PP&E (Net) | $30M |
| Goodwill | $118M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $564M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $585M |
| TOTAL LIABILITIES | $837M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $572M |
| Retained Earnings | -$324M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $583M |
| Net Debt | $426M |
