| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $131M | $115M | 1.2% | 15.5% |
| Op. Income | -$9M | -$3M | $468.0K | -163.9% | -2007.9% |
| Gross Margin | 61.0% | 62.3% | 61.0% | -1.2pp | 0.0pp |
| Net Margin | -13.7% | -4.0% | -0.3% | -9.6pp | -13.4pp |
| EPS (Diluted) | $-0.12 | $-0.04 | $-0.00 | -200.0% | -5354.5% |
| Free Cash Flow | -$11M | $24M | -$14M | -144.6% | 25.5% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $81M |
| R&D Expenses | $16M |
| Selling & Marketing | $36M |
| General & Administrative | $34M |
| SG&A Expenses | $70M |
| Other Expenses | $4M |
| Operating Expenses | $90M |
| Cost & Expenses | $142M |
| OPERATING INCOME | -$9M |
| Interest Income | $350.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $350.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $17M |
| EBIT | -$9M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$329.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $12M |
| Net Receivables | $103M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $231M |
| PP&E (Net) | $134M |
| Goodwill | $255M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $44M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $494M |
| TOTAL ASSETS | $726M |
| Account Payables | $17M |
| Short-Term Debt | $3M |
| Deferred Revenue | $276M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $422M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $502M |
| Common Stock | $151.0K |
| Additional Paid-In Capital | $254M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $726M |
| Total Debt | $72M |
| Net Debt | $3M |
