| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $34M | $23M | 8.6% | 64.2% |
| Op. Income | -$4M | -$4M | -$11M | 0.5% | 67.4% |
| Gross Margin | 80.9% | 80.4% | 74.4% | 0.5pp | 6.6pp |
| Net Margin | -13.1% | -9.5% | -50.7% | -3.6pp | 37.6pp |
| EPS (Diluted) | $-0.13 | $-0.09 | $-0.34 | -44.1% | 61.8% |
| Free Cash Flow | -$22M | -$16M | -$3M | -37.1% | -705.9% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $30M |
| R&D Expenses | $12M |
| Selling & Marketing | $14M |
| General & Administrative | $3M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $34M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $26.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $6M |
| EBIT | -$4M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$138.0K |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $200.0K |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $323M |
| PP&E (Net) | $5M |
| Goodwill | $46M |
| Intangible Assets | $85M |
| Long-Term Investments | $857.0K |
| Tax Assets | -$857.0K |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $470M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $399M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $446M |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $538.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $470M |
| Total Debt | $196M |
| Net Debt | -$87.0K |
