| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $159M | $137M | 1.8% | 18.0% |
| Op. Income | -$20M | -$25M | -$22M | 19.5% | 6.1% |
| Gross Margin | 74.5% | 74.5% | 72.9% | 0.0pp | 1.6pp |
| Net Margin | -10.2% | -15.6% | -16.5% | 5.4pp | 6.3pp |
| EPS (Diluted) | $-0.13 | $-0.19 | $-0.18 | 31.6% | 27.8% |
| Free Cash Flow | $6M | $7M | -$14M | -21.9% | 141.9% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $120M |
| R&D Expenses | $42M |
| Selling & Marketing | $63M |
| General & Administrative | $30M |
| SG&A Expenses | $93M |
| Other Expenses | $6M |
| Operating Expenses | $141M |
| Cost & Expenses | $182M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $440.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $3M |
| EBIT | -$15M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$184M |
| Sales/Maturities of Investments | $149M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $557M |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $931M |
| 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 | $149M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $564M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $584M |
| TOTAL LIABILITIES | $831M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | -$341M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $582M |
| Net Debt | $453M |
