| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $141M | $130M | -20.6% | -13.7% |
| Op. Income | -$1M | -$11M | -$45M | 90.5% | 97.7% |
| Gross Margin | 74.3% | 71.1% | 69.0% | 3.2pp | 5.3pp |
| Net Margin | 6.5% | -5.2% | -32.7% | 11.7pp | 39.2pp |
| EPS (Diluted) | $0.01 | $-0.07 | $-0.34 | 116.3% | 103.5% |
| Free Cash Flow | $4M | $797M | — | -99.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $83M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $113M |
| OPERATING INCOME | -$1M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $27.3K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $167M |
| Net Receivables | $29M |
| Inventory | $56M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $25M |
| Goodwill | $127M |
| Intangible Assets | $100M |
| Long-Term Investments | $83M |
| Tax Assets | $189.2K |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $842M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $105M |
| Common Stock | $25.3K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$957M |
| Treasury Stock | -$98M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $687M |
| Minority Interest | $50M |
| TOTAL EQUITY | $737M |
| TOTAL LIABILITIES & EQUITY | $842M |
| Total Debt | $16M |
| Net Debt | -$181M |
